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Press Release

GE Commercial Finance Signs Its Largest Factoring Deal

October 23, 2006

LONDON--(BUSINESS WIRE)--GE Commercial Finance has extended a five-year, non-recourse trade receivables factoring facility with a credit line of EUR 800m to KME Group S.p.A. GE will purchase and manage KME's receivables across Europe. The deal is GE's largest pan-European factoring transaction.


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