02.12.2015 15:25:00
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General Electric Company -- Moody's assigns an A1 Issuer rating to GE Capital Global Holdings
New York, December 02, 2015 -- Moody's Investors Service assigned issuer ratings of A1 and Prime-1 to GE Capital Global Holdings, LLC (Global Holdings) with a stable outlook. The ratings assignment follows the announcement by Global Holdings' ultimate parent General Electric Company (GE, A1/Prime-1) that it has commenced a realignment and reorganization of the businesses of finance subsidiary General Electric Capital Corporation (GECC, A1/Prime-1). Moody's will withdraw GECC's ratings after GE completes the reorganization, which includes a merger of GECC into GE.