Best Borrowers 2008: GECC

The borrower stands out for its prolific yet nimble use of the global capital markets during the credit crunch.

Deutsche Bank
GECC
GlaxoSmithKline
EEB/TGI
Bank of America



Judging from GECC’s fund-raising in the debt capital markets over the past 12 months, one might question whether there had been a credit crisis at all. In 2007, GECC raised $90 billion, half of it in the latter part of the year. Already this year, it has issued $52 billion in bonds globally. There is no doubt that GECC’s triple-A status has helped. Its bonds have offered investors a haven as confidence in other financial borrowers has faltered.

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