GE Announces Launch of Debt Tender Offers
GE Announces Tender Offers to Purchase: (1) Any and All of the Notes Listed in Table I Below, (2) Up to $1,000,000,000 Aggregate Purchase Price of the GE Capital Notes Listed in Table II Below, and (3) Up to $1,000,000,000 Aggregate Purchase Price of the GE Company Notes Listed in Table III Below
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Since end of '18, reduced gross debt by $43B … post close of the GECAS/AerCap transaction, expect to reduce debt by >$70B.
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Continue to evaluate potential deleveraging actions based on economics, deleveraging impact, risk mitigation and optimal capital structure.
BOSTON - May 24, 2021 - GE (NYSE:GE) announces its offers to purchase for cash: