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.
business unit
tags
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.
business unit
tags
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.
business unit
tags
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.
business unit
tags
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.
business unit
tags
NORWALK, Conn.--14 January 2011-- GE Capital, Corporate Finance today announced it is administrative agent on a $150 million asset-based revolving credit facility for ArchBrook Laguna, an electronics and computer products distributor. The loan refinances and increases an existing credit facility and will be used to support growth and working capital needs. GE Capital Markets served as sole lead arranger. GE Capital, Commercial Distribution Finance also provides the company with inventory financing.
business unit
tags
NORWALK, CT-- December 21, 2010 --- GE Capital, Restructuring Finance today announced it is administrative agent for a $200 million debtor-in-possession (DIP) credit facility and a $175 million plan of reorganization (POR) credit facility for Vertis Holdings, Inc., a leading marketing communications company. The financing supports the company's recapitalization under a voluntary pre-packaged Chapter 11 filing and its emergence. GE Capital Markets served as joint lead arranger for the DIP and lead arranger for the POR.
business unit
tags
NORWALK, Conn.--23 November 2010-- GE Capital, Corporate Finance today announced it is agent for a $200 million asset-based credit facility to International Automotive Components Group North America, Inc. (IAC), a leading global automotive parts supplier. The loan will be used for working capital needs and to support growth and expansion efforts. GE Capital Markets served as sole lead arranger.
business unit
tags
NORWALK, Conn.--18 November 2010-- GE Capital, Corporate Finance today announced it is agent for a $120 million asset-based credit facility to Huttig Building Products, Inc., a leading domestic distributor of millwork, building materials and wood products. The loan refinances an existing credit facility and will be used to support working capital needs. GE Capital Markets served as co-lead arranger. GE also provides the company with equipment lease financing.