NEW YORK (Standard&Poor's) Jan. 18, 2012--Standard&Poor's Ratings Services today said it raised its ratings on General Electric Capital Corp.'s (GECC's; AA+/Stable/A-1+) $7.7 billion (based on exchange rates at the time of issuance) hybrid capital securities to 'AA-' from 'A+.' The rating actions followed a review of GECC's hybrid securities under Standard&Poor's revised hybrid capital methodology (published on Nov. 1, 2011). Consistent with our hybrid criteria, the ratings on the hybrid securities are two notches below GECC's 'AA+' long-term issuer credit rating (ICR). The hybrid securities are notched from GECC's ICR rather than its 'a' standalone credit profile, reflecting our view that group support from the ultimate parent company, General Electric Co. (GE; AA+/Stable/A-1+), would
