GE Capital announced today that it is serving as administrative agent on a $100 million multi-currency revolving credit facility for Billabong International, the Australia-based sports-apparel company. The new credit facility, which closed in December, will be used to refinance existing debt and provide working capital to support the company's growth. GE Capital Markets served as lead arranger on the facility.
A Bright Idea: Let There Be Light. How Much Is Up to You and Your Data
A Bright Idea: Let There Be Light. How Much Is Up to You and Your Data
Millions of American families have already embraced connected devices like smart meters to control their electricity bills. Now San Diego will soon become the first U.S. city to link its street lights to the Industrial Internet via an "intelligent” lighting system called LightGrid.