NORWALK, Conn.--01 March 2012-- GE Capital today announced it served as administrative agent on a $65 million senior secured first lien credit facility for Paradigm Management Services. The funds were used to support the acquisition of Paradigm by Lightyear Capital. GE Capital Markets acted as joint lead arranger and joint bookrunner.
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BETHESDA, Md.--01 March 2012-- GE Capital, Healthcare Financial Services announced today that it agented a $15 million multi-draw senior secured term loan facility to BG Medicine, Inc. The financing will help support commercialization efforts and provide additional growth capital.
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Consumers expected to spend on lower-cost models
HOFFMAN ESTATES, IL -- After several choppy years, marine industry participants believe they're heading in the right direction, according to survey results released today by GE Capital's Commercial Distribution Finance (CDF) business.
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SINGAPORE, February 28, 2012 -- GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing and financing arm of GE, announced delivery of three new Airbus A320 aircraft to Airphil Express in January and early February to help the carrier expand its fleet. All three aircraft are part of GECAS' existing order book with Airbus.
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BETHESDA, MD -- February 28, 2012 --- GE Capital, Healthcare Financial Services announced today that it was sole lender and administrative agent on a $3 million multi-draw senior secured term loan facility to MedShape, Inc. The financing will be used for general working capital purposes.
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HOFFMAN ESTATES, IL -- GE Capital, Americas has launched a new quarterly Industry Research Update for the lawn, golf and turf equipment industries in advance of two important industry events, the Outdoor Power Equipment and Engine Service Association (OPEESA) Annual Meeting taking place Feb. 26-29 in Phoenix, and the Golf Industry Show (GIS) taking place Feb. 29-March 1 in Las Vegas.
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SAN ANGELO, Tex., Feb. 27, 2012 -- Expanding its renewable energy portfolio in Texas, GE unit (NYSE: GE) GE Energy Financial Services has joined JP Morgan to jointly invest $225 million in a partnership that owns the 662.5-megawatt Capricorn Ridge wind farm in West Texas. A subsidiary of NextEra Energy Resources, LLC remains the majority owner and operator of the project.