NEW YORK (Standard&Poor's) April 1, 2009--Standard&Poor's Ratings Services today lowered its ratings on 27 General Electric Capital Corp. (GECC)-supported bond issues (see list). Today's rating actions reflect the March 12, 2009, lowering of our long-term credit rating on GECC to 'AA+' from 'AAA' (see "General Electric Co. and Units Long-Term Ratings Lowered to ?AA+?; Outlook Stable" on RatingsDirect at www.ratingsdirect.com). The lowered ratings on 25 of the affected issues are dependent on the credit and liquidity support provided by GECC in the form of LOCs, which provide for the full and timely payment of interest and principal according to the transactions' terms. The lowered ratings on the remaining two affected issues are dependent on guaranty agreements
