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GE Equipment Small Ticket, L.L.C., Series 2014-1 Announces Expiration and Final Results of Cash Tender Offer for Its 0.95% Class A-3 Notes, 1.44% Class A-4 Notes and 1.67% Class B Notes

GE Equipment Small Ticket, L.L.C., Series 2014-1 Announces Expiration and Final Results of Cash Tender Offer for Its 0.95% Class A-3 Notes, 1.44% Class A-4 Notes and 1.67% Class B Notes

PR Newswire

CHICAGO, Nov. 22, 2016 /PRNewswire/ — GE Equipment Small Ticket, L.L.C., Series 2014-1 announced today that its previously announced cash tender offer expired at 11:59 P.M. New York City time on November 21, 2016. At the expiration time, valid tenders had been received in the amounts set forth in the table below.

Title of Security






Principal Amount

Tendered at

Expiration Date

Percentage of


Amount Tendered

0.95% Class A-3 Notes

36163L AC4




1.44% Class A-4 Notes

36163L AD2




1.67% Class B Notes

36163L AE0




(1) Outstanding Principal Amount reflects the expected outstanding principal amount of the Securities after giving effect to the distribution of principal on the October 2016 payment date. The original principal amount of the Class A-3 Notes at issuance was $195,000,000. The original principal amounts of the Class A-4 and Class B Notes at issuance were $42,000,000 and $16,350,000, respectively, and such securities have not commenced amortization as of the October 2016 payment date.

The purchaser expects to accept for payment all notes validly tendered as of the expiration time of the tender offer and expects to make payment for these notes tomorrow, November 23, 2016.

The Company has retained Wells Fargo Securities, LLC to serve as the Dealer Manager for the tender offer. Questions regarding the tender offer can be directed to Wells Fargo Securities at (866) 309-6316 (toll free) or (704) 410-4760 (collect). The Company has also retained Global Bondholder Services Company as Depositary and Information Agent. Copies of the Offer to Purchase, the Supplement to the Offer to Purchase and Letter of Transmittal can be obtained from Global Bondholder Services at (866) 470-4200 (toll free) or (212) 430-3774 (collect).

This press release is not an offer to purchase or a solicitation of offers to sell any Securities, which may be made only pursuant to the terms of the Offer to Purchase and the Letter of Transmittal. The tender offer does not constitute an offer to purchase Securities in any jurisdiction in which, or to or from any person to or from whom, it is unlawful to make such offer or solicitation under applicable securities or blue sky laws. None of the Company, the Information Agent, the Dealer Manager, the Depositary or the indenture trustee for the Securities is making any recommendation as to whether holders should tender Securities in the tender offer.

Information Regarding Forward Looking Statements:

The disclosures in this press release may include “forward looking statements” within the meaning of the federal securities laws concerning the proposed tender offer. The terms of, and the Company’s ability to complete, such tender offer will depend upon prevailing market conditions and other factors. The forward-looking statements are subject to these and other risks and uncertainties that could cause actual results to differ materially from future results expressed or implied by such forward-looking statements.

For more information, contact:

Media Inquiries:

Scott M. Johnstone
Head of Securitization, GE Equipment Finance Funding, L.L.C.

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/ge-equipment-small-ticket-llc-series-2014-1-announces-expiration-and-final-results-of-cash-tender-offer-for-its-095-class-a-3-notes-144-class-a-4-notes-and-167-class-b-notes-300367528.html

SOURCE GE Equipment Small Ticket, L.L.C.

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