GE capital said to sell 3-year euro-denominated bonds

General Electric Capital Corp. is selling three-year senior unsecured bonds in euros, according to two people with knowledge of the sale.

The notes may be priced to yield about 85 basis points more than the benchmark mid-swap rate, the people said. Credit Suisse Group AG, HSBC Holdings Plc and Deutsche Bank AG are managing the deal. The bonds are being issued by GE Capital European Funding.