GE Raises $2 Billion in Its First Bond Sale Since Spinoffs
General Electric Co. sold $2 billion of investment-grade bonds on Tuesday, its first such offering since the spinoffs of what are now GE HealthCare Technologies Inc. and GE Vernova Inc.
The longer-tenored note in the two-part deal, a 10.5-year security, will yield 0.62 percentage point above comparable Treasuries, according to a person familiar with the matter who asked not to be identified discussing private details.