{"id":2810,"date":"2018-12-09T02:06:01","date_gmt":"2018-12-09T02:06:01","guid":{"rendered":"https:\/\/www.asadkarim.co.uk\/?p=2810"},"modified":"2018-12-03T12:07:03","modified_gmt":"2018-12-03T12:07:03","slug":"the-debt-of-general-electric","status":"publish","type":"post","link":"https:\/\/www.asadkarim.co.uk\/?p=2810","title":{"rendered":"The Debt of General Electric"},"content":{"rendered":"<p>GE (<a href=\"http:\/\/www.ge.com\" target=\"_blank\"><strong>www.ge.com<\/strong><\/a>) is the USA&#8217;s industrial giant, but is in a financial mess<\/p>\n<p><a href=\"https:\/\/www.ge.com\/investor-relations\/sites\/default\/files\/GE_AR17.pdf\" target=\"_blank\">https:\/\/www.ge.com\/investor-relations\/sites\/default\/files\/GE_AR17.pdf<\/a><\/p>\n<p>The annual report makes sombre reading<\/p>\n<p><a href=\"https:\/\/www.ge.com\/investor-relations\/fixed-income-investor\" target=\"_blank\">https:\/\/www.ge.com\/investor-relations\/fixed-income-investor<\/a><\/p>\n<p>It&#8217;s debts are huge:<\/p>\n<p>\u2022Approximately <strong>$67.5 billion<\/strong> in senior unsecured, subordinated and senior secured notes issued or guaranteed by GECC pursuant to the GECC U.S. medium term note programs<br \/>\n\u2022Approximately <strong>$55.2 billion<\/strong> of senior and subordinated debt securities issued or guaranteed by GECC under the GE Capital European medium term note program for issuances by GECC, GE Capital European Funding, GE Capital UK Funding and\/or GE Capital Australia Funding Pty Ltd<br \/>\n\u2022Approximately <strong>$8.9 billion<\/strong> of commercial paper issued by GECC.<\/p>\n<p>from the annual report:-<\/p>\n<p>Total borrowings <strong>$ 134,591 Million<\/strong><\/p>\n<p>That is <strong>$134 Billion<\/strong> of total debt.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>GE (www.ge.com) is the USA&#8217;s industrial giant, but is in a financial mess https:\/\/www.ge.com\/investor-relations\/sites\/default\/files\/GE_AR17.pdf The annual report makes sombre reading https:\/\/www.ge.com\/investor-relations\/fixed-income-investor It&#8217;s debts are huge: \u2022Approximately $67.5 billion in senior unsecured, subordinated and senior secured notes issued or guaranteed by GECC pursuant to the GECC U.S. medium term note programs \u2022Approximately $55.2 billion of senior [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2810","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/2810","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2810"}],"version-history":[{"count":1,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/2810\/revisions"}],"predecessor-version":[{"id":2811,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/2810\/revisions\/2811"}],"wp:attachment":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2810"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2810"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2810"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}