GE Capital, the lending arm of General Electric, has raised $6 billion in a sale of bonds in four parts, The Wall Street Journal reports. The issue will include $1 billion of two-year and $1.25 billion of three-year floating-rate notes as well as $1.75 billion of three-year and $2 billion of 10-year fixed-rate securities. The company intends to use the proceeds for general corporate purposes. Barclays, Bank of America, Citigroup, JP Morgan and Morgan Stanley were the joint bookrunners for the sale.
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