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GEC General Electric Company

105.00
0.00 (0.00%)
18 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
General Electric Company LSE:GEC London Ordinary Share COM STK USD0.01 (CDI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 105.00 459,197 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Electrical Machy, Equip, Nec 69.54B 9.19B 8.4404 18.56 170.45B

Merrill Lynch Intl (DTG) Syndicate GE Co May 2017 Pre-Stabilisation Notice (7100E)

10/05/2017 8:33am

UK Regulatory


General Electric (LSE:GEC)
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TIDMGEC

RNS Number : 7100E

Merrill Lynch Intl (DTG) Syndicate

10 May 2017

10(th) May 2017

Not for distribution, directly or indirectly, in or into the United States or any jurisdiction in which such distribution would be unlawful.

General Electric Company

Pre-stabilisation Period Announcement

Merrill Lynch International (contact: Joe Smith-Morgan ; telephone: 0044 207 995 3966) hereby gives notice, as Stabilisation Coordinator, that the Stabilisation Manager(s) named below may stabilise the offer of the following securities in accordance with Commission Delegated Regulation EU/2016/1052 under the Market Abuse Regulation (EU/596/2014).

 
 The securities: 
-----------------  -------------------------------------------- 
 Issuer:            General Electric Company 
-----------------  -------------------------------------------- 
 Guarantor          n/a 
  (if any): 
-----------------  -------------------------------------------- 
 Aggregate          EUR benchmark 
  nominal amount:    EUR benchmark 
                     EUR benchmark 
                     EUR benchmark 
-----------------  -------------------------------------------- 
 Description:       5/8/12/20yr Senior, unsecured, 
                     SEC Registered 
-----------------  -------------------------------------------- 
 Offer price:       IPTs: 
                     5yr - MS+40a 
                     8yr - MS+55-60 
                     12yr - MS+75-80 
                     20yr - MS+100a 
-----------------  -------------------------------------------- 
 Other offer        n/a 
  terms: 
-----------------  -------------------------------------------- 
 Stabilisation: 
-----------------  -------------------------------------------- 
 Stabilisation      BNP Paribas 
  Manager(s):        Citigroup Global Markets Limited 
                     Deutsche Bank AG, London Branch 
                     HSBC Bank plc 
                     J.P. Morgan Securities plc 
                     Merrill Lynch International (stabilisation 
                     manager) 
-----------------  -------------------------------------------- 
 Stabilisation      10(th) May 2017 
  period expected 
  to start on: 
-----------------  -------------------------------------------- 
 Stabilisation      9(th) June 2017 (30 days after 
  period expected    the commencement of the stabilisation 
  to end no          period) 
  later than: 
-----------------  -------------------------------------------- 
 Existence,         The Stabilisation Manager(s) 
  maximum size       may over-allot the securities 
  and conditions     to the extent permitted in accordance 
  of use of          with applicable law. 
  over-allotment 
  facility: 
-----------------  -------------------------------------------- 
 Stabilisation      Over the counter (OTC) 
  trading venue: 
-----------------  -------------------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

STAZMGMKNGLGNZG

(END) Dow Jones Newswires

May 10, 2017 03:33 ET (07:33 GMT)

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