BETHESDA, MD -- July 7, 2011 --- GE Capital, Healthcare Financial Services today announced it is serving as administrative agent on $2.1 billion of senior secured credit facilities for Alere Inc. (NYSE: ALR). The loans refinance existing credit facilities and provide additional capital to support the company's growth strategy. GE Capital Markets served as joint lead arranger and joint book runner for the credit facilities.
GE TLP Tensioner System will be First to Operate at Water Depths Greater than 5,000 Feet
HOUSTON, TEXAS---July 6, 2011---GE Oil & Gas' Drilling & Production business has received a contract of approximately $45 million to supply and service the industry's largest tension leg platform (TLP) marine riser Tensioner Systems to Chevron for deployment in its Big Foot oil and gas field in the deepwater Gulf of Mexico.
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Funds refinancing and new unit development
SCOTTSDALE, Ariz.--06 July 2011-- GE Capital, Franchise Finance recently completed a $13.9 million transaction with Wings Across America, LLC, a Buffalo Wild Wings® franchisee. The funding includes a $9,400,000 refinance term loan and a $4,500,000 new unit development line of credit. Funding was provided through GE Capital's bank affiliate, GE Capital Financial Inc.
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HOUSTON, TEXAS---July 5, 2011---GE Oil & Gas will supply three customized aeroderivative gas turbine-generator modules to provide reliable electric power for a new Chevron floating production unit that will produce oil and gas from the Jack and St. Malo fields in the Gulf of Mexico, approximately 280 miles south of New Orleans and at a water depth of approximately 7,000 feet.
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BETHESDA, Md.--05 July 2011-- GE Capital, Healthcare Financial Services announced today that it has closed $135 million in senior secured credit facilities for SpecialtyCare. The financing supported the investment in SpecialtyCare by American Securities, and will provide SpecialtyCare with additional growth capital. GE Capital Markets served as joint lead arranger and joint bookrunner for the credit facilities.
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Consolidates and refinances existing debt
SCOTTSDALE, Ariz.--30 June 2011-- GE Capital, Franchise Finance provided a $28.9 million credit facility to Rottinghaus Company, Inc., operators of SUBWAY® franchises. The facility includes a $24.5 million term loan and a $4.4 million revolving line of credit. Funding was provided through GE Capital's bank affiliate, GE Capital Financial Inc.
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GE's Evaporation, Crystallization and Solidification Technologies Will Enable the Blackgold Oil Sands Project to Comply with Environmental Regulations and Reduce Operating Costs
CALGARY, ALBERTA---June 28, 2011---As Canada's oil sands industry seeks to maximize the role of water recycling to protect local fresh water supplies, GS Engineering & Construction (GS E&C) has selected GE (NYSE: GE) to supply the produced water evaporation and zero liquid discharge (ZLD) system for the Blackgold Oil Sands project, located near Conklin, Alberta.
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First FDA-approved imaging agent of its kind in the United States
PRINCETON, NJ, JUNE 28, 2011 -- GE Healthcare today announced the availability of DaTscan™ (Ioflupane I 123 Injection), in more than 80 hospitals across the US. DaTscan is the first FDA-approved radiopharmaceutical adjunct imaging agent to help physicians evaluate patients with suspected parkinsonian syndromes (PS), such as Parkinson's disease (PD). It gives physicians diagnostic capability that may lead to timely, appropriate treatments for suspected PS patients.