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2021-11-26
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GE eyes $80 billion in gross debt reduction by end of 2021
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The company said it's on track to achieve deleveraging targets and deliver high-single-digit free cash flow margins in 2023. About $33.3 billion in aggregate principal was tendered at or prior to an early participation date. 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The company said it's on track to achieve deleveraging targets and deliver high-single-digit free cash flow margins in 2023. About $33.3 billion in aggregate principal was tendered at or prior to an early participation date. GE accepted for purchase about $25 billion in aggregate principal.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GE":"GE航空航天","BK4206":"工业集团企业","BK4566":"资本集团","BK4501":"段永平概念"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2186348224","content_text":"MW GE eyes $80 billion in gross debt reduction by end of 2021\nGeneral Electric Co. $(GE)$ said Friday it expects to achieve $80 billion in gross debt reduction between the end of 2018 and the end of 2021, up from its $75 billion projection made on Nov. 10. The company said it's on track to achieve deleveraging targets and deliver high-single-digit free cash flow margins in 2023. 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