NORWALK, CT -- January 8, 2014 -- GE Capital, Corporate Finance today announced it is serving as administrative agent on $72.5 million of senior secured credit facilities to Permian Basin Materials, LLC (PBM), a newly formed affiliate of WL Ross & Co. LLC (WL Ross). The credit facilities are being used to support the simultaneous acquisitions of Crockett County Mining, Ltd., Highland Concrete Co., and Wallach Concrete, Inc., and for ongoing working capital needs. GE Capital Markets served as sole lead arranger and bookrunner on the transactions.
NORWALK, CT -- January 07, 2014 -- GE Capital, Corporate Finance today announced it is serving as administrative agent on $285 million of senior secured revolving and term credit facilities to Harley Marine Services, Inc. The credit facilities will recapitalize the company and provide additional funds for growth initiatives. GE Capital Markets served as sole bookrunner and sole lead arranger on the transactions.
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NORWALK, CT --- GE Capital, Corporate Finance today announced it is serving as administrative agent on $340 million in revolving credit facilities for subsidiaries of Wise Metals Group, LLC. The facilities will be used to fund the company's growth and ongoing working capital needs. GE Capital Markets served as sole lead arranger and joint bookrunner on the facilities.
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NORWALK, CT --- GE Capital, Corporate Finance today announced that it provided a $50 million senior credit facility to Stoli Group USA, the North American producer and distributor of Stolichnaya® vodka. The financing will be used for working capital and general corporate purposes.
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NORWALK, CT -- December 16, 2013 -- GE Capital, Corporate Retail Finance today announced it is administrative agent on a $250 million senior revolving credit facility for Dunham's Athleisure Corporation, a leading sporting goods retailer. The proceeds will support ongoing working capital needs and new store growth.
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NORWALK, CT -- Dec. 10, 2013 -- GE Capital, Corporate Retail Finance today announced it is serving as administrative and collateral agent on a $585 million senior secured credit facility for RadioShack Corporation (NYSE: RSH), a leading electronics retailer. The facility was provided alongside an additional $250 million secured term loan facility arranged by Salus Capital Partners, LLC.
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Partnership formed by Nunatsiavut Group, Tasiujatsoak Trust and CAPE Fund
MONTREAL (QC) --- GE Capital today announced that it is providing a $10 million senior credit facility to a group of investors to purchase and operate Universal Helicopters Newfoundland and Labrador ("UHNL"), a regional helicopter services company. The new owners, through a limited partnership formed by Nunatsiavut Group of Companies, Tasiujatsoak Trust and CAPE Fund LP, are acquiring UNHL from its majority shareholder, Harry R. Steele, and minority shareholder, Norman Noseworthy.
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NORWALK, CT -- November 1, 2013 -- GE Capital, Corporate Finance today announced it provided $22.5 million in equipment financing to Laborde Marine. The funds refinance existing debt used to purchase five new crew boats.
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NORWALK, Conn.--Monday, October 07, 2013-- GE Capital, Corporate Retail Finance today announced it is administrative agent and sole lender on a $100 million senior secured credit facility for Samuels Jewelers. The proceeds will be used to refinance existing debt and to support ongoing working capital needs. GE Capital Markets served as lead arranger.
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NORWALK, Conn.--Monday, September 30, 2013--GE Capital, Corporate Finance today announced it is administrative agent and sole lender on a $110 million asset-based credit facility for Arthur Schuman, Inc., a leading cheese manufacturer and distributor.