CHICAGO--(BUSINESS WIRE)--GE Healthcare Financial Services' corporate finance team ended the first six months of 2008 as one of the most active capital providers in today's healthcare market, closing 23 transactions totaling $1.8 billion.
"We're committed to providing healthcare companies with the most comprehensive business and financial resources in the industry," said Bob McCarrick, Senior Managing Director for GE Healthcare Financial Services' corporate finance team. "We have deep industry knowledge and the financial strength to provide capital in a challenging environment, helping our customers rise above the market and meet their goals."
During the first half of 2008, the GE Healthcare Financial Services' corporate finance team noticed several trends as healthcare companies adjusted to a decrease in market liquidity:
Here are a few recent examples of where GE Healthcare Financial Services met the financing needs of our customers in a down market:
"We're helping our customers keep their businesses moving forward in a tight market by not only providing financing but also by sharing business expertise and best practices," McCarrick said. "It's part of our focus on partnering with them to address challenges both big and small."
A leader in corporate financing, GE ranks near the top of several leveraged lending league tables from the Loan Pricing Corporation for the first six months, including:
About GE Healthcare Financial Services
GE Healthcare Financial Services is the premier provider of capital, financial solutions, and related services for the global healthcare market. With approximately $22 billion in assets, GE Healthcare Financial Services offers a full range of financing capabilities from equipment leasing and real estate financing to working capital lending, vendor programs, and acquisition financing. With a dedicated focus and a deep knowledge of the healthcare industry, GE Healthcare Financial Services collaborates with customers to create tailored financial solutions that help them improve their productivity and profitability. For more information, visit www.gehealthcarefinance.com.
Britta Kons
GE Healthcare Global Services
[email protected]
1-203-400-1892