NORWALK, Conn.--(BUSINESS WIRE)--March 10, 2005--GE Commercial Finance Global Media & Communications announced today that it has closed a $345 million credit facility for ALM Media, Inc., as Administrative Agent. ALM Media, Inc. (formerly American Lawyer Media, Inc.) is a leading integrated media company, focused on the legal and business communities. The credit facility will be used to refinance existing debt and will also serve as liquidity for future strategic acquisitions by the company.
March 09, 2005 -- EVENDALE, Ohio - The U.S. Federal Aviation Administration (FAA) has awarded engine type certification to GE's CF34-10E, paving the way for aircraft certification and introduction into revenue service with jetBlue Airways on the EMBRAER 190 in the 3rd quarter of this year.
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NORWALK, Conn.--(BUSINESS WIRE)--March 8, 2005--GE Commercial Finance Global Sponsor Finance and Global Media & Communications together announced that they have named John Trentos as senior vice president, sponsor channel origination. In this capacity, he will be responsible for providing debt and lease financing for private equity sponsored transactions in the telecommunications, media and entertainment sectors.
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DANBURY, Conn. & ROCHESTER, N.Y.--(BUSINESS WIRE)--March 8, 2005--GE Commercial Finance Healthcare Financial Services signed a vendor financing agreement with Getinge USA, Inc., a subsidiary of Sweden-based Getinge AB - the world's leading manufacturer of sterilization/disinfection equipment and surgical products. Under the five-year agreement, GE Commercial Finance will offer its full range of equipment financing options to Getinge customers, which include operating and capital leases, loans and customized financing programs.
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FAIRFIELD, Conn.--(BUSINESS WIRE)--March 7, 2005--GE today announced plans to sell up to 82 million shares of the Class A Common Stock of Genworth Financial, Inc. (Genworth, NYSE: GNW) through a secondary public offering and a sale to Citigroup Global Markets Inc., an affiliate of which intends to conduct a public offering of a security exchangeable for Genworth Class A shares.