GE in Cash Tender Offers
December 11, 2020
December 11, 2020
Cleary Gottlieb is representing the dealer managers, led by BofA Securities, Inc., Merrill Lynch International, J.P. Morgan Securities LLC, and J.P. Morgan Securities plc, in cash tender offers by GE to purchase any and all of the outstanding notes of 13 series issued by subsidiaries of or predecessors to GE Capital.
The tender offers launched on December 11, 2020, and are expected to settle on December 22, 2020.
GE is a high-tech industrial company that operates worldwide through its four industrial segments, power, renewable energy, aviation, and healthcare, and its financial services segment. It serves customers in over 170 countries and carries out manufacturing and service operations at 94 manufacturing plants located in 30 states in the United States and Puerto Rico and at 190 manufacturing plants located in 37 other countries.