NORWALK, Conn.--31 August 2009-- GE Capital, Restructuring Finance today announced it led a $197 million revolving credit facility as part of a $242 million plan of reorganization financing for Spectrum Brands, a global consumer products company. The loan refinances an existing debtor-in-possession facility, and supports Spectrum's exit from bankruptcy and their ongoing working capital needs. GE Capital Markets served as joint-lead arranger on the revolver. GE also provided interest rate risk management products and services.
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CHALFONT ST GILES, UK, 27 AUGUST 2009 - GE Healthcare, a unit of General Electric Company (NYSE: GE), today announced that Stephen Minger, Ph.D, previously Senior Lecturer and Director of King's College London's Stem Cell Biology Laboratory, will join GE Healthcare's Life Sciences business as head of Research and Development for Cell Technologies on September 1st 2009.
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STAMFORD, Conn.--(BUSINESS WIRE)--GE Capital Aviation Services (GECAS) announced today that it has entered into a deal with Air Berlin for the sale leaseback of three Airbus A320-200 aircraft. The three aircraft will be delivered from Air Berlin's existing order book with Airbus, and all will be equipped with CFM56 engines. The aircraft will be delivered in early 2010.
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Addressing technology barriers today's larger MR systems, Optima MR450w provides the most advanced MR technology to all patient populations
WAUKESHA, WIS, Aug. 25, 2009 -- As the need for wider MR systems increases, the industry has grappled over technology barriers preventing larger systems from offering advanced image quality. Addressing this issue, GE Healthcare introduces Optima MR450w, a MR system with a 70cm wider bore that provides the most advanced image quality, and in less scans.