NORWALK, Conn.--(BUSINESS WIRE)--April 24, 2006--GE Commercial Finance - Technology Lending, a unit of Global Media & Communications, today announced that Richard Cerf has been appointed to the position of senior vice president, based in the Palo Alto office. He will be responsible for developing client relationships within the technology sector and covering West Coast venture capital firms. GE's Technology Lending group recently announced the opening of its Palo Alto office in an effort to apply a stronger focus on emerging technology in the region.
NORWALK, Conn.--(BUSINESS WIRE)--April 24, 2006--GE Antares Capital today announced that it is sole lead arranger and bookrunner of a $202 million senior secured credit facility for Farley's & Sathers Candy Co., a leading branded candy manufacturer. Farley's & Sathers is a portfolio company of Catterton Partners.
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NORWALK, Conn.--(BUSINESS WIRE)--April 24, 2006--GE Commercial Finance - Technology Lending, a unit of Global Media & Communications, today announced that Richard Cerf has been appointed to the position of senior vice president, based in the Palo Alto office. He will be responsible for developing client relationships within the technology sector and covering West Coast venture capital firms. GE's Technology Lending group recently announced the opening of its Palo Alto office in an effort to apply a stronger focus on emerging technology in the region.
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NORWALK, Conn.--(BUSINESS WIRE)--April 24, 2006--GE Antares Capital today announced that it is sole lead arranger and bookrunner of a $202 million senior secured credit facility for Farley's & Sathers Candy Co., a leading branded candy manufacturer. Farley's & Sathers is a portfolio company of Catterton Partners.
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Moscow, April 24, 2006. - Sukhoi and GE announce the beginning of flight tests of the Su-80GP - multi-purpose combo (cargo/passenger) aircraft fitted with two ST7-9B turboprop engines developed by GE.
The Su-80GP is designed to carry, in a pressured cabin, 30 passengers or cargo loads up to 3,300 kg on commuter and regional routes in any geographical setting, in daytime and at night, under favorable and adverse weather conditions.
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April 21, 2006, Moscow. - DeltaBank reports that the number of its Visa Electron Instant credit cards issued to private individuals has exceeded 300,000.
The bank started to issue Visa Electron Instant credit cards in September 2002 and gave out 100,000 by June 2004. This event was noted by a special certificate of the Visa International payment association.
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STAMFORD, Conn.--(BUSINESS WIRE)--April 20, 2006--To accelerate the growth of its global renewable energy holdings from a nearly $1 billion base, GE Energy Financial Services announced today that it has significantly expanded its team of experienced finance and technical professionals serving this market.
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STAMFORD, Conn.--(BUSINESS WIRE)--April 19, 2006--Pursuing growth in oilfield services and in Canada, GE Energy Financial Services announced today the closing of an expanded syndicated loan facility it structured for Trinidad Drilling Ltd., a leading Canada-based drilling rig company.
The facility for Calgary-based Trinidad, a wholly-owned subsidiary of Trinidad Energy Services Income Trust, was syndicated by GE Capital Markets, Inc. The syndicate group includes major Canadian, U.S. and international financial institutions.