by Amruth Sundarkumar | Jun 9, 2021 | Investment Grade Bonds
US multinational conglomerate, General Electric Company (GE) announced the pricing for its debt tender offers in which it increased the size of buyback of its notes by up to $4.62bn. With the pricing of its debt tender offers, it expects to repurchase upto $7bn of its...
by bondevalue | May 28, 2021 | High Yield Bonds
The world’s largest plane manufacturer Airbus on Thursday said that it would be upping production targets as it expects commercial aircraft markets to recover to pre-Covid levels between 2023 and 2025. In an update to suppliers, the plane maker said that the...
by bondevalue | Apr 16, 2021 | High Yield Bonds
General Electric won a crucial legal dispute with the UK tax authority for alleged fraudulent tax underpaying amounting $1bn. In 2018, HM Revenue & Customs requested the UK High Court to annul a 2005 tax agreement with GE on the basis that the company failed to...
by bondevalue | Mar 11, 2021 | High Yield Bonds
General Electric (GE) announced its $30bn deal with AerCap where the former’s leasing company GECAS would be acquired by the latter. The confirmation comes after WSJ reported earlier this week that a deal was nearing, though the structuring details were not known. As...
by bondevalue | Mar 8, 2021 | High Yield Bonds
General Electric (GE) neared a deal to sell its aircraft leasing business to AerCap for more than $30bn as per WSJ sources though details of the structuring are not known. Irish aircraft leasing company AerCap would see it combine with GE Capital Aviation Services...
