Proprietary site will deliver specialized content plus streamlined account access
IRVING, TX -- GE Capital, Americas will unveil a proprietary web site of premium-rich content to its trucking industry customers at the American Truck Dealers (ATD) Convention and Exposition April 15-18 in Phoenix. Attendees are invited to visit the GE Capital booth for a one-on-one demonstration.
NORWALK, Conn.--14 April 2011-- GE Capital, Corporate Finance today announced it is co-administrative agent on a $145 million cash flow-based credit facility for Vigor Industrial LLC, a ship building and repair company. The loan is being used to support the acquisition of Todd Shipyards Corporation, a ship repair and maintenance company. GE Capital Markets served as co-lead arranger.
NORWALK, Conn.--04 April 2011-- GE Capital, Corporate Finance today announced it is co-collateral agent on a $750 million asset-based credit facility for RG Steel, LLC, a flat-rolled steel producer and wholly owned subsidiary of The Renco Group, Inc. The loan will be used to support the acquisition of three steel companies from Severstal North America to form RG Steel, LLC. GE Capital Markets served as co-lead arranger.
NORWALK, Conn.--31 March 2011-- GE Capital, Corporate Finance today announced it is co-collateral agent on a $1.35 billion asset-based revolving credit facility for Ryerson Inc., a leading metals distributor and processor. The loan will be used to refinance an existing credit facility. GE Capital Markets served as co-syndication agent. GE also provides the company with equipment financing.
NORWALK, CT-- March 22, 2011 --- GE Capital, Corporate Retail Finance today announced it is co-collateral agent on a $600 million asset-based revolving credit facility for Winn-Dixie Stores, Inc., a leading food retailer. The loan refinances an existing credit facility and will be used for working capital and general corporate purposes. GE Capital Markets served as joint lead arranger.
NORWALK, Conn.--25 February 2011-- GE Capital today announced it is administrative agent for a $150 million asset-based credit facility for Tourneau, the world's largest retailer of fine watches. The financing will be used for working capital purposes. GE Capital Markets served as sole lead arranger of the facility.
NORWALK, Conn.--18 February 2011-- GE Capital, Restructuring Finance today announced it provided a $505 million debtor-in-possession (DIP) credit facility to Borders Group, Inc., a specialty book retailer. The financing will be used by Borders for working capital as the company reorganizes under Chapter 11. GE Capital, Restructuring Finance is serving as the administrative agent and GE Capital Markets is serving as the sole lead arranger.
NORWALK, CT-- February 18, 2011 --- GE Capital, Restructuring Finance today announced it provided a $505 million debtor-in-possession (DIP) credit facility to Borders Group, Inc., a specialty book retailer. The financing will be used by Borders for working capital as the company reorganizes under Chapter 11. GE Capital, Restructuring Finance is serving as the administrative agent and GE Capital Markets is serving as the sole lead arranger.
NORWALK, Conn.--09 February 2011-- GE Capital, Corporate Finance today announced it is administrative agent on a $300 million asset-based revolving credit facility for Georgia Gulf Corporation, a leading chemicals company. The loan amends and extends an existing credit facility and will be used to support growth and working capital needs. GE Capital Markets served as co-lead arranger. GE Capital, Fleet Services also provides the company with fleet management services.
Outlook positive after big comeback in 2010
NORWALK, CT -- This year is expected to be another strong one for leveraged loans, said Sage Nakamura, managing director of loan syndications with GE Capital Markets, Inc. GE Capital, Americas is a leading provider of commercial loans and leases to mid-market businesses across diverse industries throughout the U.S., Canada and Mexico.
