NORWALK, Conn.--12 October 2010-- GE Capital, Restructuring Finance today announced it is co-agent for a $175 million plan of reorganization revolving credit facility to Neff Rental, Inc., a national construction equipment rental company. The financing supports working capital needs as the company emerges from Chapter 11. GE Capital Markets served as joint lead arranger.
NORWALK, Conn.--01 October 2010-- GE Capital, Corporate Finance today announced it is agent for a $40 million cash flow revolving credit facility to Planet Fitness, a leading fitness center owner, operator and franchisor. The financing will be used for working and growth capital and the facility may be increased to $50 million under certain conditions. GE Capital Markets served as sole lead arranger.
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NORWALK, Conn.--23 September 2010-- GE Capital, Corporate Finance today announced it is administrative agent for a $53 million cash flow credit facility to Portola Packaging, Inc., a leading designer, manufacturer and marketer of tamper-evident plastic closures. The loan supports the company's recapitalization. GE Capital Markets served as lead arranger.
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NORWALK, Conn.--08 September 2010-- GE Capital, Corporate Finance today announced it is agent for a C$300 million asset-based credit facility to Evraz Inc. NA Canada, a steel plate and pipe manufacturer. The loan will be used for working capital needs and other corporate purposes. GE Capital Markets served as joint lead arranger.
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GE Capital has been a lender to Golfsmith, a 40-year-old seller of golf and tennis equipment, apparel and accessories, since 2002.
NORWALK, CT --- GE Capital today announced it is providing a four-year extension of its $90 million asset-based revolving credit facility to Golfsmith (NASDAQ: GOLF), a specialty retailer. GE Capital has been a lender to Golfsmith since 2002.
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NORWALK, Conn.--23 August 2010-- GE Capital, Corporate Finance today announced it is administrative agent for a $168 million cash flow credit facility to Bellisio Foods, Inc., a major frozen foods manufacturer. The loan will be used to refinance debt and for working capital needs. GE Capital Markets served as lead arranger.
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NORWALK, Conn.--20 August 2010-- GE Capital, Corporate Finance today announced it is administrative agent for a $425 million cash flow credit facility to Blount International, Inc., a leading outdoor products manufacturer. The loan amends and extends an existing $165 million facility and will be used to refinance debt and for acquisitions. GE Capital Markets served as sole lead arranger.
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NORWALK, Conn.--02 August 2010-- GE Capital, Restructuring Finance today announced it is co-collateral agent in a $100 million plan of reorganization credit facility to Neenah Enterprises, Inc., one of the largest independent foundry companies in the U.S. The loan supports the company's pre-packaged exit from bankruptcy protection. GE Capital Markets served as joint lead arranger.
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NORWALK, Conn.--Wednesday, July 28, 2010-- GE Capital, Corporate Finance today announced it is collateral agent for a $120 million asset-based credit facility to Ocean Beauty Seafoods, LLC, one of the largest seafood companies in the Pacific Northwest. GE Capital Markets served as joint lead arranger.