CHICAGO (December 17, 2015) Commercial Distribution Finance (“CDF"), a business of GE Capital, announced today that Arctic Cat Inc. (NASDAQ: ACAT), a leading manufacturer of recreational products, has chosen CDF as an exclusive provider for dealer inventory financing across North America. The financing will consolidate all of ACAT’s North American dealers onto one technology platform and provide them leading edge tools to help manage their businesses.
Montreal, 30 septembre 2015 - GE Capital, Canada a annoncé aujourd’hui qu’elle a agi à titre d’agent administratif et prêteur unique d’une facilité de crédit de 13,0 millions $ pour le Groupe Canam Inc., le plus important fabricant de composantes d’acier en Amérique du Nord. Les fonds serviront à financer des dépenses en immobilisations et des acquisitions d’entreprises, ainsi qu’à des fins de fonds de roulement.
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Montreal, Sept. 30, 2015 - GE Capital, Canada announced today that it served as administrative agent and sole lender on a $13.0 million credit facility to Canam Group Inc., North America’s largest steel components fabricator. The proceeds will be used to finance capital expenditures and business acquisitions and to provide working capital.
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CHICAGO - GE Capital, Corporate Finance today announced it is serving as administrative agent on a $49.5 million senior secured credit facility for Flavor Producers, Inc. Flavor Producers, a creator of custom-formulated flavors for food and beverage companies globally, will use the funds to explore acquisitions as well as for general working capital needs. GE Capital Markets served as sole lead arranger and bookrunner on the facility.
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CHICAGO - GE Capital, Corporate Finance today announced it is serving as administrative and collateral agent on $1.335 billion in senior credit facilities for auction house Sotheby’s (NYSE: BID). The new facilities include a $485 million credit line increase that will be used for growth in Sotheby’s finance business. GE Capital Markets served as joint lead arranger and joint book runner on the facilities.
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CHICAGO - GE Capital, Corporate Finance today announced it has provided a $17 million credit facility to ROC Services Company, an oil and gas well-site services supplier. The funds will be used to refinance existing equipment and to support the acquisition of the company by Coral Reef Capital. GE Capital Markets served as co-lead arranger and joint book runner on the facility.
Headquartered in Bridgeport, TX, ROC Services Company provides well-site services such as maintenance, excavation and hauling and flow-back services to oil and gas companies operating in the U.S.
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CHICAGO - GE Capital today announced it is providing financing as part of an $88 million senior secured credit facility to support the acquisition of America’s Auto Auction (AAA) by Trinity Hunt Partners. GE Capital Markets served as co-lead arranger and joint-bookrunner on this facility, and GE Capital made an equity investment alongside the new owners.
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CHICAGO - GE Capital, Corporate Finance today announced it is providing a $400 million credit facility to help fund the acquisition of Wise Metals Intermediate Holdings LLC (Wise) by Constellium N.V. (NYSE and Euronext: CSTM), a global producer of aluminum products. Wise is North America’s third-leading producer of aluminum can sheet for the beverage industry. GE Capital Markets served as lead arranger and joint bookrunner on the facility.