NORWALK, Conn.--Monday, December 07, 2009-- GE Capital, Corporate Retail Finance today announced it is co-collateral agent for a $625 million asset-based credit facility for The Bon-Ton Stores, Inc., a department store retailer. The loan will be used to refinance existing debt and for working capital needs. GE Capital Markets served as joint lead arranger.
Water Index Will Offer Most Comprehensive Measure of Corporate Risks and Opportunities
TREVOSE, Pa.--Monday, December 07, 2009-- The World Resources Institute (WRI), in partnership with General Electric (NYSE: GE) and Goldman Sachs (NYSE: GS), has launched an initiative to measure water-related risks facing companies and their investors. The initiative will develop a Water Index as a standardized approach to identify and mitigate water-related corporate risk.
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Initiative Supports India's Plans to Expand Electricity Supply with Low-Carbon Nuclear Energy
WILMINGTON, N.C.--Monday, December 07, 2009-- GE Hitachi Nuclear Energy is helping lead this week's 50-member, U.S. nuclear industry delegation to India to support the expansion of safe, low-carbon nuclear energy to increase electricity supplies in one of the world's fastest-growing economies.
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Erie, Penn., USA and Contagem, Brazil (Dec. 3, 2009) - GE Transportation announced today it has signed an agreement with America Latina Logistica (ALL) to deliver 10 new AC44i locomotives in 2009 for freight transport. ALL operates the largest independent general cargo railway in South America with a fleet of more than 1,000 locomotives and 21,000 km of railways connecting Brazil and Argentina.
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HOFFMAN ESTATES, Ill.--Thursday, December 03, 2009-- GE Capital, Commercial Distribution Finance (CDF) today announced that it will acquire over $200 million of dealer floorplan financing receivables for the Arctic Cat dealer network in the USA. GE Capital will be acquiring the portfolio from Arctic Cat's former financier, Textron Financial Corporation and is now the exclusive provider of inventory finance for Arctic Cat under a multi-year program.
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Positions Comcast and NBCU to Lead the Next Phase of Media Industry's Evolution
Builds on Diverse Cable Portfolio, Accelerates Digital Offerings and Expands Customer Choice
Entity Will Deliver Strong Cash Flow With Conservative Capital Structure
NBCU Businesses Valued at $30 Billion, Comcast to Contribute Businesses Valued at $7.25 Billion
Comcast To Own 51%, GE 49% Interest in NBCU
Jeff Zucker to Lead New York-based Venture