Multi-year renewal will focus on expanding current program to drive sales and customer loyalty for Stein Mart
STAMFORD, Conn.and JACKSONVILLE, Fla - October 14, 2011 -- Fashion retailer Stein Mart, Inc. (NASDAQ: SMRT) and GE Capital's Retail Finance business, a consumer lending unit of General Electric Company (NYSE: GE), have announced the multi-year renewal of the Stein Mart co-branded credit card program for Stein Mart's 260 stores located throughout the United States.
DENVER, CO, Oct. 13, 2011 -- Expanding their Rocky Mountain oil and gas reserves footprint, PRE Resources, Inc. is teaming up with GE Energy Financial Services, a unit of GE (NYSE: GE), to buy more than 100 producing wells and undeveloped acreage across 29 fields in Wyoming and Colorado.
New Financing Program Available at Martin Dealers Nationwide
KETTERING, Ohio and NAZARETH, Pa., - October 13, 2011 -- GE Capital's Retail Finance business, a consumer lending unit of General Electric Company (NYSE: GE), has announced a new agreement to provide consumer financing through C.F. Martin & Co., Inc authorized dealers nationwide.
Sven Niederheide neuer Chief Compliance Officer für GE Capital in Deutschland
Mainz (17. Oktober 2011) -- Sven Niederheide ist seit dem 1. Oktober 2011 neuer Chief Compliance Officer für GE Capital in Deutschland. In der neu geschaffenen Position leitet der 38-Jährige am Standort Mainz ein vierköpfiges Compliance-Team.
HOUSTON AND DALLAS, TX Oct. 12, 2011 -- GE Energy Financial Services, a unit of GE (NYSE: GE), is expanding its oil and gas industry footprint by investing in Summit Midstream Partners, LLC, which acquires and develops midstream energy infrastructure in unconventional North American production basins.
(HAYWARD, Calif.) -- October 12, 2011 -- Executives of Calpine Corporation (NYSE:CPN) and GE (NYSE: GE) unit GE Energy Financial Services today joined state and local officials, construction trade representatives, contractors, community leaders and business partners in celebrating the continuing construction of the 619-megawatt, combined-cycle Russell City Energy Center in Hayward, California. The event honored hundreds of on-site construction workers.
Funds refinancing of existing debt
GE Capital, Franchise Finance recently completed a $9.5 million transaction with BAJCO Group, a Papa John's Pizza® franchisee for the refinancing of existing debt. Funding was provided through GE Capital's bank affiliate, GE Capital Financial Inc.
NEW DELHI, INDIA, Oct. 10, 2011 -- Expanding GE's footprint in India and connection with one of the country's fastest growing clean energy developers, GE Energy Financial Services and Indian-based Greenko Group plc (AIM: GKO.L) have agreed to invest in a new venture to develop wind energy projects across India. The GE unit will invest US$50 million -- its first renewable energy investment in India -- to support the development of 500 megawatts of wind projects out of Greenko's planned development of one gigawatt of wind projects in India.
Pipeline for Q4 remains healthy
CHICAGO --- October 6, 2011--- GE Antares Capital, a unit of GE Capital, today announced it closed 23 syndicated senior credit facilities, totaling more than $2.2 billion in financings, during the third quarter of 2011. GE Capital Markets served as Lead Arranger on all of these transactions.
