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Moody's rates General Electric Capital trusts Aa2
Moody's Investors Service said it assigned a provisional Aa2 rating to General Electric Capital Corp.'s sukuk trust certificates, issued by GE Capital Sukuk Ltd., a Bermuda-based special purpose entity.
The rating is based on the company's Aa2 senior unsecured rating and stable outlook. The company provides a guarantee in full support of the purchase and performance obligations of Sukuk Aviation Leasing Inc., the servicing agent and obligor under certain transaction agreements, Moody's said.
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