The benchmark-sized offering is expected to price early this week, said the source, who declined to be identified because he was not authorized to disclose details about the sale.

GE Capital has mandated Citigroup, Credit Suisse, Goldman Sachs, JPMorgan and Morgan Stanley as underwriters for the sale, the source added.

Deutsche Bank, HSBC and Royal Bank of Scotland will also play roles.

(Reporting by Rafael Nam; Editing by Ken Wills)