Monday, February 2, 2026

GE Vernova Senior Notes Pricing Term Sheet (GEV)

From the Company via the SEC, February 2:

GE Vernova Inc.
February 2, 2026

4.250% Senior Notes due 2031
4.875% Senior Notes due 2036
5.500% Senior Notes due 2056

PRICING TERM SHEET

Issuer:
 
GE Vernova Inc. (the “Issuer”)
   
Trade Date:
 
February 2, 2026
   
Settlement Date:
 
February 4, 2026 (T+2)
   
   
The Issuer expects to deliver the Notes (as defined herein)  against payment for the Notes on or about February 4, 2026, which will be the second business day following the date of the pricing of the Notes, or “T+2”. Under Rule 15c6-1 under the Securities Exchange Act of 1934, trades in the secondary market are required to settle in one business day, unless the parties to any such trade expressly agree otherwise. Accordingly, purchasers who wish to trade the Notes on any date prior to one business day before the settlement date will be required, by virtue of the fact that the Notes initially will settle T+2, to specify an alternative settlement cycle at the time of any such trade to prevent a failed settlement and should consult their own advisors.
   
Expected Ratings*:
 
BBB (S&P) / BBB+  (Fitch)
   
Offering Format:
 
SEC Registered
   
Security Title:
 
4.250% Senior Notes due 2031 (the “2031 Notes”)
4.875% Senior Notes due 2036 (the “2036 Notes”)
5.500% Senior Notes due 2056 (the “2056 Notes” and, together with the 2031 Notes and the 2036 Notes, the “Notes”)
   
Principal Amount:
 
2031 Notes: $600,000,000
2036 Notes: $1,000,000,000
2056 Notes: $1,000,000,000
   
Maturity Date:
 
2031 Notes: February 4, 2031
2036 Notes: February 4, 2036
2056 Notes: February 4, 2056
   
Coupon:
 
2031 Notes: 4.250%
2036 Notes: 4.875%
2056 Notes: 5.500%
   
Benchmark Treasury:
 
2031 Notes: UST 3.750% due January 31, 2031
2036 Notes: UST 4.000% due November 15, 2035
2056 Notes: UST 4.750% due August 15, 2055
   
Benchmark Treasury Price and Yield:
 
2031 Notes: 99-19+; 3.837%
2036 Notes: 97-25; 4.279%
2056 Notes: 97-15; 4.913%


Spread to Benchmark Treasury:
 
2031 Notes: +45 basis points
2036 Notes: +65 basis points
2056 Notes: +78 basis points

...MORE 

Earlier - "GE Vernova launches public offering of senior notes" (GEV) 

The common stock traded at both intraday and closing all-time-highs on February 2 and is currently trading at a new all-time high in overnight action. $763.69 last, up $8.72 (+1.16%).