BETHESDA, MD -- June 22, 2011 --- GE Capital, Healthcare Financial Services today announced it was administrative agent on $205 million of credit facilities for U.S. HealthWorks Holding Company, Inc. The loan refinances existing debt and provides additional capital to support a company preferred stock redemption. GE Capital Markets served as sole lead arranger and bookrunner for the credit facilities.
GE adds 22 new products & solutions, bringing total ecomagination portfolio to 110
Ecomagination revenues hit $18 billion for year
Sydney -- Australia, 21 June 2011---GE today released its ecomagination annual report showing it invested about $1.8 billion in 2010 on research and development of clean technologies, which puts it on course to meet its goal of $10 billion cumulative investment between 2010 and 2015.
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BETHESDA, Md.--21 June 2011-- GE Capital, Healthcare Financial Services, announced today that it has funded, as agent and sole lender, the initial $3 million tranche of a $9 million senior secured multi-draw term loan for Saladax Biomedical, Inc. The financing provides Saladax with working capital to support commercialization of the company's My5-FU™ assay and for other corporate purposes, including development of additional pipeline products.
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Campaign represents increased focus on local market
Sydney -- Australia, 20 June 2011: GE today announced the launch of its first ever national advertising campaign in Australia, "Two Letters". The multi-million dollar national campaign signals a significant shift in GE‟s global strategy and an increased focus on the Australian market, with particular emphasis on healthcare and sustainability.
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Research examines lessons learnt from leading low carbon economies in carbon productivity and policy efficiency
Sydney, 26th May 2011 - A report by Vivid Economics and Norton Rose, commissioned by GE (NYSE:GE), today revealed that it is possible for economies to reduce carbon emissions while maintaining economic growth and prosperity; and that Australia is lagging behind its trading partners in achieving this.
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NORWALK, Conn.--17 May 2011-- U.S. chief financial officers (CFOs) of middle-market companies are becoming more positive on the state of the industries in which they operate, as well as on the outlook for growth, according to the latest GE Capital survey of middle-market CFOs. In fact, their level of optimism has increased substantially since they were first surveyed in January 2010.
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BETHESDA, Md.--04 April 2011-- GE Capital, Healthcare Financial Services, as agent and co-lender, announced today that it has funded the final $10 million tranche of a $20 million senior secured multi-draw term loan to NeoVista®, Inc. The financing provides NeoVista with working capital to support the completion of its pivotal FDA trial for the treatment of wet age-related macular degeneration, utilizing the VIDION® ANV® Therapy System.
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BETHESDA, Md.--11 February 2011-- GE Capital, Healthcare Financial Services announced today that it is agent and a lender for $55 million in senior secured credit facilities for eBioscience, Inc. The credit facilities will be used to finance the company's repurchase of certain shares from early investors, refinance existing debt, and provide growth capital. The financing includes a $45 million term loan and a $10 million revolving line of credit. GE Capital Markets served as sole lead arranger and bookrunner.
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BETHESDA, Md.--10 February 2011-- GE Capital, Healthcare Financial Services announced today that it has provided, as sole lender and agent, a $12.5 million senior secured multi-draw term loan facility to Oncothyreon Inc. The financing provides the company with working capital to support clinical development activities.
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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.