NORWALK, Conn.--(BUSINESS WIRE)--Sept. 5, 2006--GE Commercial Finance - Global Media & Communications today announced that it and its affiliates have committed $100 million as part of the $2.09 billion senior secured facility for Cedar Fair, L.P., a major owner and operator of regional amusement parks in North America. The financing is for Cedar Fair's acquisition of Paramount Parks and the refinancing of the partnership's existing senior secured debt facility. GE is the Administrative Agent for the Canadian portion of the facility and Co-Documentation Agent for the entire facility.
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NORWALK, Conn.--(BUSINESS WIRE)--Sept. 5, 2006--GE Commercial Finance - Global Sponsor Finance, a leading provider of leveraged lending solutions to private equity-backed companies, today announced the hiring of Alan Aria as Managing Director and Melanie Brensinger as Senior Vice President.
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NORWALK, Conn.--(BUSINESS WIRE)--Sept. 5, 2006--GE Commercial Finance - Global Media & Communications today announced that it and its affiliates have committed $100 million as part of the $2.09 billion senior secured facility for Cedar Fair, L.P., a major owner and operator of regional amusement parks in North America. The financing is for Cedar Fair's acquisition of Paramount Parks and the refinancing of the partnership's existing senior secured debt facility. GE is the Administrative Agent for the Canadian portion of the facility and Co-Documentation Agent for the entire facility.
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BCL Series Completes Rigid Evaluation Process
FLORENCE, ITALY - September 1, 2006 :- After completing a rigid environmental and operational evaluation process, the BCL300 series of centrifugal compressors developed by GE Oil & Gas for sour gas re-injection to enhance petroleum production has received GE ecomagination certification from GreenOrder Inc.*
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CLEVELAND--(BUSINESS WIRE)--Aug. 31, 2006--The General Electric Company (GE) through its Consumer & Industrial business and the Nichia Corporation ("Nichia") announced today a strategic alliance agreement to support GELcore, LLC, based in Cleveland, Ohio. GELcore, formed in 1999, was previously a joint venture between GE and the Emcore Corporation of Somerset, NJ. GE purchased Emcore's 49% interest in the joint venture for $100 million, demonstrating its ongoing commitment to invest in LED technology and the future of lighting.
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CHICAGO--(BUSINESS WIRE)--Aug. 31, 2006--GE Antares Capital today announced its role as administrative agent for a $56.5 million senior credit facility to support Transportation Resource Partners ("TRP") in their acquisition of National Powersport Auctions ("NPA"). GE Capital Markets is serving as sole lead arranger for the credit facility.
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CLEVELAND--(BUSINESS WIRE)--Aug. 31, 2006--The General Electric Company (GE) through its Consumer & Industrial business and the Nichia Corporation ("Nichia") announced today a strategic alliance agreement to support GELcore, LLC, based in Cleveland, Ohio. GELcore, formed in 1999, was previously a joint venture between GE and the Emcore Corporation of Somerset, NJ. GE purchased Emcore's 49% interest in the joint venture for $100 million, demonstrating its ongoing commitment to invest in LED technology and the future of lighting.
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CHICAGO--(BUSINESS WIRE)--Aug. 31, 2006--GE Antares Capital today announced its role as administrative agent for a $56.5 million senior credit facility to support Transportation Resource Partners ("TRP") in their acquisition of National Powersport Auctions ("NPA"). GE Capital Markets is serving as sole lead arranger for the credit facility.