TORONTO (Standard&Poor's) Dec. 5, 2012--Standard&Poor's Ratings Services said today that it assigned its 'AA+' rating to General Electric Capital Corp.'s (GECC; AA+/Stable/A-1+) proposed senior secured debt offering of up to $1.7 billion. The notes are secured by a first-priority interest in a pool of up to 137 aircraft along with related receivables. We understand the company will use the proceeds for general corporate purposes. The issue rating reflects our criteria, under which we do not rate secured debt higher than the corporate credit rating in the 'AA' category. Standard&Poor's 'AA+' rating on GECC reflects our assessment of the company's ownership by General Electric Co. (GE); GECC's strong, well-managed business franchise; its global scale and
