What is the primary purpose of this 8-K filing?

The primary purpose of this 8-K filing is to report on General Electric Company's (GE) entry into an underwriting agreement to issue and sell $4 billion of 5.250% Notes due 2017. This is a material event related to GE's financing activities.

What are the key terms of the debt being issued?

GE is issuing $4 billion in aggregate principal amount of 5.250% Notes with a maturity date in 2017. The interest rate is fixed at 5.250%.

How does this debt issuance affect GE's financial position?

This $4 billion debt issuance will increase GE's total debt and leverage. It provides additional capital that can be used for various corporate purposes, such as funding operations, investments, or acquisitions, while also increasing the company's future interest payment obligations.

What does it mean that the notes were registered under a shelf registration statement?

A shelf registration statement allows a company to register securities for future sale over a period of time, typically up to three years. This means GE had previously filed the necessary documentation with the SEC to issue debt, and this specific offering of $4 billion in notes was executed under that pre-existing registration, allowing for a more efficient issuance process.

GE 8-K SEC Disclosure — Dec 5, 2007

Summary

General Electric Company (GE) filed an 8-K on December 5, 2007, reporting on an underwriting agreement entered into on November 29, 2007. The agreement covers the issuance and sale of $4 billion in aggregate principal amount of 5.250% Notes due 2017. These notes were registered under the Securities Act of 1933 via a shelf registration statement, indicating a planned debt offering. This action suggests GE was actively managing its capital structure and seeking to raise significant funds through debt issuance. Investors should note the details of this debt offering, including the interest rate and maturity date, as it impacts GE's leverage and future interest expenses. The filing also references previously filed documents related to indentures and the form of the notes.

Key Highlights

1GE issued $4 billion in 5.250% Notes due 2017.
2The Notes were issued under an Underwriting Agreement dated November 29, 2007.
3The offering was registered under the Securities Act of 1933 via a shelf registration statement.
4The filing date was December 5, 2007, with the event date of the underwriting agreement being November 29, 2007.
5This action signifies GE's active capital raising through debt markets.
6The company is utilizing established shelf registration for debt issuance.

GENERAL ELECTRIC CO 8-K Report, Corporate Update (Dec 5, 2007)

Summary

Key Highlights

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