McCarthy Tétrault advises GE Capital Canada Funding Company on landmark $5.15 billion debt tender offer

Toronto, May 13, 2016 — McCarthy Tétrault is pleased to announce that the firm acted for GE Capital Canada Funding Company in connection with the cash tender offers by the company to purchase up to $5.15 billion of certain of its outstanding Canadian dollar medium term notes guaranteed by GE. The landmark debt tender offers were the largest in Canadian history, with over 68% of the notes tendered.

The McCarthy Tétrault capital markets team was led by partner Shea T. Small and included associates Deandra Schubert and Blake C. Jones, and also included partner Barry Ryan on regulatory matters. The tax team included partner Gabrielle M. Richards and associate Ryan Walker.

McCarthy Tétrault’s Capital Markets Group offers integrated legal solutions and uses a team approach to deliver innovative solutions for Canadian and international clients. Issuers, underwriters and other market participants in Canada and abroad regularly rely on our capital markets practitioners for the most up-to-date advice on securities offerings, tender offers, regulatory compliance, corporate governance and disclosure issues. Our nationally and internationally recognized group regularly advises our clients on a broad range of sophisticated and innovative domestic, cross-border and international capital-raising transactions.

About GE

GE is the world’s Digital Industrial Company, transforming industry with software-defined machines and solutions that are connected, responsive and predictive. GE is organized around a global exchange of knowledge, the "GE Store," through which each business shares and accesses the same technology, markets, structure and intellect. Each invention further fuels innovation and application across our industrial sectors. With people, services, technology and scale, GE delivers better outcomes for customers by speaking the language of industry.

About McCarthy Tétrault

McCarthy Tétrault LLP provides a broad range of legal services, advising on large and complex assignments for Canadian and international clients. The firm has substantial presence in Canada’s major commercial and financial centres and in London, UK.

Built on an integrated approach to the practice of law and delivery of innovative client services, the firm brings its legal talent, industry insight and practice experience to help clients achieve the results that are important to them.