GE Capital announced a $421 million dealer floorplan securitization as the fixed-income bond markets reopened Wednesday.

The deal, called GE Dealer Floorplan Master Note Trust 2012-4, is structured with $400 million, class A notes; $8.4 million, class B notes and $12.6 million, class C notes that have been assigned preliminary ‘AAA’, ‘A’ and ‘BBB’ ratings, respectively, by Fitch Ratings.

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