Opens fleet access to a growing network of CNG filling stations in key markets
Eden Prairie, Minn. -- GE Capital Fleet Services today announced an agreement with VNG.co, a national CNG fueling facility provider, to support the expansion of the CNG refueling infrastructure for light-duty fleet vehicles.
MARLBOROUGH, Mass., Aug.
CHICAGO -- After a slow start resulting from a harsh winter and cold spring, the recreational marine industry is experiencing accelerated growth, says GE Capital, Commercial Distribution Finance (CDF). Retail and wholesale sales are up versus a year ago in the U.S., and the industry is on track to reach the 8% growth in retail dollar sales originally forecast in February by CDF at the Miami Boat Show.
NORWALK, CT, Aug. 13, 2014 --- GE Capital's Telecom, Media and Technology (TMT) financing business announced today it served as administrative agent on $69 million of senior secured credit facilities to support the acquisition of AGDATA by Vista Equity Partners. GE Capital Markets served as sole lead arranger and bookrunner on these facilities.
"GE Capital provided us with a flexible financing structure and strong capital commitment on this transaction. We look forward to our continued financing relationship," said Kevin Sofield, head of capital markets at Vista Equity Partners.
CHICAGO --- GE Antares, a unit of GE Capital, announced today it served as administrative agent on a $265 million senior secured credit facility to support the acquisition of United Site Services (USS) by Calera Capital. GE Capital Markets served as sole lead arranger and bookrunner on this facility.
Headquartered in Westborough, MA, USS is a leader in portable restrooms and fence rentals with more than 60 locations throughout the United States.
CHICAGO -- GE Capital, Corporate Retail Finance today announced it is providing financing to C&K Market, an independent regional supermarket chain. The funding will be used to support the company's operations and expected growth as it implements a new customer experience strategy.
BETHESDA, MD, AUG. 12, 2014 --- GE Capital's Healthcare Financial Services business announced today that it has agented a senior secured credit facility of up to $12.5 million for Cardiva Medical, Inc. The financing is comprised of a $10 million term loan and a $2.5 million asset-based revolving loan.
CHICAGO -- GE Capital today announced it is providing Rentech Nitrogen Partners, L.P. (NYSE: RNF) with a $50 million cash flow financing for a series of capacity expansion projects to support the partnership's future growth. The facility will also be available, if needed, for general partnership purposes. The partnership, headquartered in Los Angeles, is a leading provider of natural gas-based nitrogenous fertilizers, with manufacturing facilities located in East Dubuque, IL and Pasadena, TX.
