NORWALK, Conn.--(BUSINESS WIRE)--Unitranche Fund LLC today announced the closing of a $148 million unitranche debt financing to support the acquisition of ArrMaz Custom Chemicals, Inc. by Snow Phipps Group, LLC. GE Antares Capital provided a $20 million revolver to the company. Founded in 1976, ArrMaz is a leading producer of chemical process aids and functional additives for the fertilizer, phosphate mining, asphalt, and nitrogen chemical industries.
MobileTrace units to provide extra mobility and faster results to meth agents in the field
BRADENTON, Fla.--(BUSINESS WIRE)--GE Security Inc., a business of GE Enterprise Solutions (NYSE: GE), today announced the Tennessee Meth Task Force has purchased three advanced technology, portable MobileTrace narcotics and explosives detection systems to provide its methamphetamine incident response specialists near-instant narcotics detection and identification in the field.
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NORWALK, Conn.--(BUSINESS WIRE)--GE Commercial Finance Corporate Lending today announced it led a $110 million plan of reorganization credit facility for DURA Automotive Systems Inc., a leading auto parts supplier. The financing will be used to complete the company's reorganization as it emerges from bankruptcy. GE Capital Markets arranged the transaction. In 2006, GE also provided the company with a $115 million debtor-in-possession credit facility to support the company's Chapter 11 filing.
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One-stop shop designed to help security professionals better serve their customers, grow their businesses
Nairobi, August 30, 2008 -- GE Security Inc., a business of GE Enterprise Solutions (NYSE: GE), today announced the opening of the first African Pro Express security dealer shop in Nairobi, to be operated by Unisafe Limited, an authorized dealer.
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NORWALK, Conn.--(BUSINESS WIRE)--GE Commercial Finance Corporate Lending today announced it provided a $125 million plan of reorganization credit facility to Hilex-Poly, a manufacturer of plastic bag and film products, on July 9, 2008. The financing was used to refinance the company's debtor-in-possession (DIP) financing upon the company's emergence from a pre-packaged Chapter 11 bankruptcy. In May, GE also provided the company with a $140 million DIP credit facility to support the company's pre-packaged Chapter 11 filing. GE Capital Markets arranged both transactions