Davis Polk advised the dealer managers in connection with the cash tender offers by GE Capital Australia Funding Pty. Ltd., GE Capital Canada Funding Company and GE Capital UK Funding Unlimited Company to purchase any and all of certain of their outstanding Australian dollar, Canadian dollar, and pound sterling-denominated fixed- and floating-rate notes. Approximately CAD 3.5 billion, AUD 700 million and £1.4 billion in aggregate principal amount of the target securities were validly tendered and accepted for purchase in the tender offers.

 

GE is a global digital industrial company. With products and services ranging from aircraft engines, power generation and oil and gas production equipment to medical imaging, financing and industrial products, GE serves customers in approximately 175 countries and employs approximately 305,000 people worldwide.

 

The Davis Polk corporate team included partners Richard J. Sandler and John B. Meade, European counsel John Taylor and associate Alice Z. Chen. The tax team included partner Rachel D. Kleinberg and associates Patrick E. Sigmon and Sam R. Van Peperstraete. Members of the Davis Polk team are based in the New York, London and Northern California offices.

 

Copy link to share post