General Electric Capital Corp. is planning to issue $757 million of notes backed by credit card receivables, according to a presale report published today by Fitch Ratings.

GE Capital Credit Card Master Note Trust 2013-1 is structured with a revolving period, during which investors will receive fixed-rate interest payments. At the conclusion of the revolving period on Nov. 22, 2017, there will be a controlled accumulation period lasting for three months.

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