The second catalyst is something that might help generate the cash that GE needs to pay down its debt even further. ![]() ![]() This plan has already seen GE retire $43 billion worth of gross debt over the past couple of years. This tender offer, the company said, is part of a previously announced plan to strengthen its balance sheet and achieve a target of a 2.5 multiple of net debt to EBITDA. ![]() The first catalyst I see driving GE stock higher this week is the company's announcement on Monday that it is making tenders to buy back up to $2 billion worth of notes that it has issued.
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