Funds Allow for Refinancing and Growth Development
SCOTTSDALE, Ariz.--19 January 2011-- GE Capital, Franchise Finance announced today that it is providing $15.3 million in financing to a large Hardee's® franchisee, Paradigm Investment Group, LLC. The credit facility includes a $10.3 million term loan and a $5 million development line of credit.
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STAMFORD, Conn., January 19, 2011 -- GE Capital Aviation Services Inc. (GECAS), the commercial aircraft leasing and financing arm of GE, today announced delivery of a new Airbus A320 aircraft to Virgin America. Virgin America is a new U.S. airline that continues to experience significant growth with the addition of four new destinations in 2010.
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NORWALK, Conn.--14 January 2011-- GE Capital, Corporate Finance today announced it is administrative agent on a $150 million asset-based revolving credit facility for ArchBrook Laguna, an electronics and computer products distributor. The loan refinances and increases an existing credit facility and will be used to support growth and working capital needs. GE Capital Markets served as sole lead arranger. GE Capital, Commercial Distribution Finance also provides the company with inventory financing.
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TEHACHAPI, CA, Jan. 10, 2011 -- GE Energy Financial Services, a unit of GE (NYSE: GE), and Bankers Commercial Corporation, a unit of UnionBanCal Corporation, announced today that they have purchased the first wind farm to start operations in one of the largest wind energy projects in the United States.
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DUBAI, U.A.E., January 10, 2011 -- GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing and financing arm of GE, today announced delivery of a new Airbus A320 aircraft to Saudi Arabian Airlines.
It is the 12th of 15 A320s leased to Saudi Arabian Airlines from GECAS' existing order book with Airbus. Delivery of the aircraft commenced in November 2009.
Dan Whitney
GE Capital Aviation Services
[email protected]
203-585-2268
203-300-8707
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BEIJING, January 4, 2011 -- GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing and financing arm of GE, today announced delivery of a new Boeing 737-800 aircraft to China United Airlines. The delivery comes from GECAS' existing order book with Boeing.
China United operates a fleet of nine aircraft.
Dan Whitney
GE Capital Aviation Services
[email protected]
203-585-2268
203-300-8707