Proprietary site will deliver specialized content plus streamlined account access
IRVING, TX -- GE Capital, Americas will unveil a proprietary web site of premium-rich content to its trucking industry customers at the American Truck Dealers (ATD) Convention and Exposition April 15-18 in Phoenix. Attendees are invited to visit the GE Capital booth for a one-on-one demonstration.
NORWALK, Conn.--14 April 2011-- GE Capital, Corporate Finance today announced it is co-administrative agent on a $145 million cash flow-based credit facility for Vigor Industrial LLC, a ship building and repair company. The loan is being used to support the acquisition of Todd Shipyards Corporation, a ship repair and maintenance company. GE Capital Markets served as co-lead arranger.
New report shows menu prices and capital expenditures likely to rise in 2011
SCOTTSDALE, AZ --- As consumers become more confident and increase spending, the restaurant industry is well positioned to begin growing in 2011. In spite of margin pressures caused by rising commodity prices, the industry should also see increasing capital expenditures as well as strong merger and acquisition (M&A) activity this year, according to the 21st edition of the Chain Restaurant Industry Review, released at last week's Restaurant Leadership Conference by GE Capital, Franchise Finance.
BETHESDA, Md.--04 April 2011-- GE Capital, Healthcare Financial Services, as agent and co-lender, announced today that it has funded the final $10 million tranche of a $20 million senior secured multi-draw term loan to NeoVista®, Inc. The financing provides NeoVista with working capital to support the completion of its pivotal FDA trial for the treatment of wet age-related macular degeneration, utilizing the VIDION® ANV® Therapy System.
NORWALK, Conn.--04 April 2011-- GE Capital, Corporate Finance today announced it is co-collateral agent on a $750 million asset-based credit facility for RG Steel, LLC, a flat-rolled steel producer and wholly owned subsidiary of The Renco Group, Inc. The loan will be used to support the acquisition of three steel companies from Severstal North America to form RG Steel, LLC. GE Capital Markets served as co-lead arranger.
EDEN PRAIRIE, Minn.--04 April 2011-- GE Capital Fleet Services announced today that it has launched a new mobile application, U.S. Fuel Price Mapping, to enable drivers and fleet managers to reduce fueling costs. The application, part of GE's mobile fleet platform, helps drivers locate the correct type of fuel at the lowest price from any location, all from their mobile device.
Growth expected in sales and service
MOBERLY, MO -- Office imaging veterans have a largely positive outlook for their industry in 2011, according to survey results released today by GE Capital's office imaging business. Growth will be driven by both sales and service in 2011, says the survey, despite hurdles such as upcoming changes in lease accounting requirements and pressure on profit margins.
