Moody's Cuts GE Rating

Monica Gerson , Benzinga Staff Writer

April 04, 2012 4:44am Comments

Moody's Investors Service cut its credit ratings on General Electric Co (NYSE: GE) and its financing subsidiary.

Moody's lowered GE's senior unsecured debt rating by one notch to “Aa3.”

GE shares closed at $19.96 yesterday.

Posted-In: Moody's Investors Service News

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