GE Vernova launches public offering of senior notes

BY Business Wire | CORPORATE | 08:45 AM EST

CAMBRIDGE, Mass.--(BUSINESS WIRE)-- GE Vernova (GEV) today announced that it has launched a registered public offering of senior notes, subject to market and other conditions. The net proceeds from the offering are intended to be used for general corporate purposes, including financing a portion of the acquisition of the remaining fifty percent stake of Prolec GE that is expected to close on February 2, 2026.

Citigroup Global Markets Inc., J.P. Morgan Securities LLC, and Morgan Stanley & Co. LLC are serving as joint book-running managers for the offering of the notes, which is being made pursuant to an effective shelf registration statement (including a prospectus and related preliminary prospectus supplement for the offering).

Before you invest, you should read the base prospectus in such shelf registration statement, the related preliminary prospectus supplement for the offering and other documents GE Vernova (GEV) has filed with the Securities and Exchange Commission (the ?SEC?) for more complete information about GE Vernova (GEV) and the offering. The offering will be made only by means of a prospectus supplement and accompanying base prospectus. When available, copies of the prospectus supplement and accompanying base prospectus related to the offering may be obtained by contacting: Citigroup Global Markets Inc., email: prospectus@citi.com; J.P. Morgan Securities LLC, email: prospectus-eq_fi@jpmchase.com and postsalemanualrequests@broadridge.com; or Morgan Stanley & Co. LLC, email: prospectus@morganstanley.com. Alternatively, investors may get these documents for free by visiting EDGAR on the SEC website at http://www.sec.gov/.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy the notes, nor shall it constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale is unlawful.

Forward-Looking Statements

This document contains forward-looking statements ? that is, statements related to future events that by their nature address matters that are, to different degrees, uncertain, such as statements about a possible public offering of senior notes, the intended use of proceeds of such offering and the expected closing date of the Prolec GE acquisition. Forward-looking statements are subject to risks, uncertainties, and other factors, which could cause actual results to differ materially from current expectations. These risks, uncertainties, and factors include those discussed in our most recent Annual Report on Form 10-K and in our subsequently filed Quarterly Reports on Form 10-Q, including in the "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections included therein, as may be updated from time to time in our filings with the SEC and as posted on our website at www.gevernova.com/investors/fls. GE Vernova (GEV) does not undertake any obligation to update or revise its forward-looking statements except as required by law or regulation.

About GE Vernova (GEV)

GE Vernova Inc. (GEV) is a purpose-built global energy company that includes Power, Wind, and Electrification segments and is supported by its accelerator businesses. Building on over 130 years of experience tackling the world?s challenges, GE Vernova (GEV) is uniquely positioned to help lead the energy transition by continuing to electrify the world while simultaneously working to decarbonize it. GE Vernova (GEV) helps customers power economies and deliver electricity that is vital to health, safety, security, and improved quality of life. GE Vernova (GEV) is headquartered in Cambridge, Massachusetts, U.S., with approximately 75,000 employees across approximately 100 countries around the world. Supported by the Company?s purpose, The Energy to Change the World, GE Vernova (GEV) technology helps deliver a more affordable, reliable, sustainable, and secure energy future. Learn more: GE Vernova (GEV) and LinkedIn.

? 2026 GE Vernova (GEV) and/or its affiliates. All rights reserved. GE and the GE Monogram are trademarks of General Electric Company used under trademark license.

Source: GE Vernova (GEV)

In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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