CHICAGO--(BUSINESS WIRE)--July 17, 2006--GE Antares Capital today announced its role as administrative agent for a $37.5 million senior credit facility to support Century Park Capital Partners' acquisition of Eckler Industries, Inc. ("Eckler's").
GE Antares has served as administrative agent for Eckler's for several years and provided a staple-on financing to support the recent sale of Eckler's. GE Capital Markets serves as the sole lead arranger for the credit facility.
CHICAGO--(BUSINESS WIRE)--July 12, 2006--GE Antares Capital today announced it is the agent for a $98-million senior credit facility to support the acquisition of Dimensions Unlimited, L.P. by Airpax Corporation, LLC, a portfolio company of Chicago Growth Partners ("CGP"). GE Capital Markets served as the sole lead arranger for the credit facility.
CHICAGO--(BUSINESS WIRE)--July 17, 2006--GE Antares Capital today announced its role as administrative agent for a $37.5 million senior credit facility to support Century Park Capital Partners' acquisition of Eckler Industries, Inc. ("Eckler's").
GE Antares has served as administrative agent for Eckler's for several years and provided a staple-on financing to support the recent sale of Eckler's. GE Capital Markets serves as the sole lead arranger for the credit facility.
NORWALK, Conn.--(BUSINESS WIRE)--July 11, 2006--GE Commercial Finance - Global Media & Communications today announced that it has closed a $40 million credit facility for Palace Entertainment in conjunction with the company's sale to MidOcean Partners. Palace Entertainment, one of the largest family amusement and water park operators in the U.S., will use the facility for working capital and general corporate purposes. $150 million of senior unsecured notes were also issued to complete the acquisition. GE will hold all of the new senior credit facilities.
NORWALK, Conn.--(BUSINESS WIRE)--July 11, 2006--GE Commercial Finance today announced the appointment of Stephen Pierson as senior vice president industry leader of aerospace and defense for its Corporate Lending business. He will be responsible for delivering solutions tailored to the unique capital requirements of GE customers in the aerospace and defense sector. Stephen is based out of the Norwalk, Conn., office.
NORWALK, Conn.--(BUSINESS WIRE)--July 11, 2006--GE Commercial Finance - Global Media & Communications announced today that it has closed, as administrative agent, a $68,750,000 senior secured credit facility in support of Seaport Capital's acquisition of Everest Connections, a local cable, Internet and phone provider with over 34,000 subscribers in the greater Kansas City metropolitan area. GE Capital Markets served as sole lead arranger in the deal, which closed on June 30.
NORWALK, Conn.--(BUSINESS WIRE)--July 5, 2006--GE Commercial Finance today announced new leadership at the Northeast Region Manager level of its North American Corporate Lending business as part of its continuing expansion to help provide customers a smarter suite of financial solutions, delivered locally and tailored to the lifecycle needs of their business.
NORWALK, Conn.--(BUSINESS WIRE)--June 29, 2006--GE Commercial Finance Global Sponsor Finance today announced it is the administrative agent for $850-million of senior secured credit facilities for United Agri Products ("UAP" or "the Company") (NASDAQ "UAPH"). GE Capital Markets and GS Credit Partners served as joint lead arrangers and joint bookrunners.
The financing consists of a $675-million 5-year ABL revolving credit facility and a $175-million 6-year term loan.
CHICAGO--(BUSINESS WIRE)--June 27, 2006--GE Antares Capital today announced it is the Administrative Agent for a $63.5-million credit facility to support the merger and refinance of ChemPro, Inc., and Redox Brands, Inc., to form CR Brands, Inc., a portfolio company of Allied Capital Corporation.
CHICAGO--(BUSINESS WIRE)--June 26, 2006--GE Antares Capital today announced it is the sole lender for a $65 million senior secured credit facility for Golfsmith International Holdings, Inc., a portfolio company of First Atlantic Capital ("First Atlantic"). The credit agreement relating to the facility was signed on June 20, 2006.
