NORWALK, Conn.--05 September 2012--GE Capital, Corporate Retail Finance today announced it is co-collateral agent on a $1.65 billion asset-based credit facility for SUPERVALU INC., a leading national grocery and pharmacy retailer.
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Refinances Courtyard® and Springhill Suites® by Marriott hotels
SCOTTSDALE, Ariz.--05 September 2012-- GE Capital, Franchise Finance recently provided $15 million to Summit Hotel Properties, Inc. The funding provides $9.75 million for a Courtyard® by Marriott and $5.25 million for a Springhill Suites® by Marriott to refinance existing debt on the two hotels.
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MONTREAL (QC), Sept. 4, 2012 - GE Capital, Canada's Franchise Finance business announced today that it has provided a $20 million senior term loan facility to Temple Real Estate Investment Trust (TSX Venture: TR.UN) to support the acquisition of the Hilton Garden Inn located in West Edmonton, Alberta.
The six-story, 160-room hotel is located near Edmonton's West End Business District as well as the West Edmonton Mall, the city's top tourist destination.
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MONTRÉAL (QC), le 4 septembre 2012 - GE Capital, Financement de franchises, Canada a annoncé aujourd'hui qu'elle a accordé une facilité de prêt à terme de 20 millions $ à Temple Real Estate Investment Trust (TSX Venture: TR.UN) afin d'appuyer l'acquisition du Hilton Garden Inn situé à West Edmonton, en Alberta.
L'hôtel de six étages, qui compte 160 chambres, est situé près du quartier des affaires West End, à Edmonton, de même qu'à proximité du West Edmonton Mall, la destination touristique principale de la ville.
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NORWALK, Conn.--30 August 2012-- GE Capital today announced it is serving as administrative agent on a $150 million senior secured credit facility to support the combination of Golf Town and Golfsmith. The combined business operates under the name Golfsmith International and creates the world's largest golf specialty retailer.
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CRETE, Ill., August 28, 2012 -- Demonstrating its energy market expertise, GE unit (NYSE: GE) GE Energy Financial Services has served as lead arranger of an approximately $107 million senior secured credit facility for two Illinois gas-fired peaker plants, managed by Tenaska Capital Management, LLC (TCM), an affiliate of Tenaska, one of the largest U.S. independent power producers. The transaction will allow TCM to refinance debt facilities for the plants, which use 12 GE 7EA gas turbines and are located in Crete and Manhattan.
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* Cleanest, smartest and most fuel-efficient diesel-electric Evolution® Series Locomotive for heavy-haul freight will meet EPA Tier 4 emission requirements
* Breakthrough diesel engine technology to reduce key emissions by more than 70 percent
* Enables freight railroads to save more than $1.5 billion in infrastructure and operating costs