Question
General Electric (GE) wishes to raise capital by the sale of $500 million in new corporate bonds. May GE do so without offering the bonds
General Electric (GE) wishes to raise capital by the sale of $500 million in new corporate bonds. May GE do so without offering the bonds to the general public under the securities laws?
Group of answer choices
No, the bonds must be offered to the general public but may be exempt from registration under the 1934 Securities Exchange Act
Yes, the bonds may be offered via private placement to accredited investors but accredited investors must receive a prospectus.
Yes, the bonds may be offered via private placement to qualified institutional buyers and are exempt under the 1933 Securities Act
No, the bonds must be offered for sale to the general public and registration is required under the 1933 Securities Act
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