NORWALK, Conn.--Tuesday, March 16, 2010-- GE Capital, Restructuring Finance today announced it is sole collateral agent for a $109 million cash flow plan of reorganization credit facility for Muzak, a leading provider of music and sensory branding services for businesses. The loan supports Muzak's exit from bankruptcy and ongoing working capital needs. GE Capital Markets served as sole lead arranger on a portion of the facility.
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EDEN PRAIRIE, Minn.--Tuesday, March 16, 2010-- GE Capital Fleet Services today announced it has launched TruckVantageSM Compliance, a new regulatory compliance service for truck customers. Working with J.J. Keller and Associates, a leader in regulatory management solutions, this new service enables customers to stay at the forefront of increasing regulations by combining GE Capital Fleet Services' truck expertise with J.J. Keller's dedicated focus on regulatory compliance.
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Developing Health Program Aims to Improve Local Access to Primary Care
MILWAUKEE, WI, March 15, 2010 --- The GE Foundation--the philanthropic organization of GE-- and the GE Corporate Diversity Council today announced the award of $1 million in total to four Milwaukee community healthcare centers toward the goal of increasing access to primary care for uninsured and underserved populations across the city.
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LOGIQ E9's new volume navigation feature includes electromagnetic needle tip sensor for improved guidance accuracy
TAMPA, FL., MARCH 15, 2010 ― GE Healthcare (NYSE: GE) today announced an important new onboard feature to its LOGIQ E9 platform -- needle tracking powered by GE's innovative Volume Navigation capability. The enhanced device is on display at the Society for Interventional Radiology's 35th Annual Scientific Meeting (booth 620).
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MAC(R) 800 Makes Debut in Canada; Features Innovative SMS Keypad on Board
VANCOUVER - GE Healthcare' announced today that the company's portable ECG (electrocardiograph) device, the MAC 800, will be implemented in both Vancouver and Whistler to help support physician care of athletes, trainers and visitors throughout the Vancouver 2010 Paralymipc Winter Games.
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NORWALK, Conn.--Thursday, March 11, 2010-- GE Capital, Corporate Finance today announced it served as sole lender for a $70 million cash flow loan to Dearborn, Mich.-based EP Management Corporation, a diversified holding company of industrial and automotive product manufacturers. The loan will be used to refinance debt and recapitalize the company.
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VANCOUVER - GE Energy Financial Services, a unit of GE (NYSE: GE), and Plutonic Power Corporation (TSX: PCC) announced today that discussions are continuing with BC Hydro on an Energy Purchase Agreement for the proposed Upper Toba Valley Hydroelectric Project along British Columbia's southwest coast. BC Hydro advises that it intends to award contracts under the Clean Power Call in March 2010.
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EDEN PRAIRIE, Minn.--Monday, March 08, 2010-- GE Capital Fleet Services today announced the launch of its Truck Advisory Board (TAB). The TAB will provide the company's truck fleet customers with a forum for discussing process improvement ideas, suggesting new products, and sharing fleet management best practices.