Sale of $2 billion mortgage business supports GE Capital's strategy to accelerate growth in core businesses
NORWALK, Conn.--24 December 2010-- GE Capital announced today the signing of an agreement whereby Grupo Financiero Santander Mexico will acquire GE's consumer mortgage business in Mexico, encompassing all of its operations, including its $2 billion consumer mortgage portfolio.
NORWALK, CT-- December 21, 2010 --- GE Capital, Restructuring Finance today announced it is administrative agent for a $200 million debtor-in-possession (DIP) credit facility and a $175 million plan of reorganization (POR) credit facility for Vertis Holdings, Inc., a leading marketing communications company. The financing supports the company's recapitalization under a voluntary pre-packaged Chapter 11 filing and its emergence. GE Capital Markets served as joint lead arranger for the DIP and lead arranger for the POR.
NORWALK, Conn.--16 December 2010-- GE Capital Media, Communications & Entertainment today announced that it will serve as Administrative Agent for a new $230MM senior secured credit facility for Lightower Fiber Networks, a leading fiber network and broadband service provider in the Northeast. GE Capital Markets served as lead left bookrunner on the transaction, which closed November 30, 2010.
L'Association Française des Editeurs de Logiciels (AFDEL) et GE Capital - à travers sa filiale Factobail, entité spécialisée dans le financement du marché des TICs - s'associent pour étoffer la palette de services à forte valeur ajoutée accessibles aux adhérents de l'AFDEL, et proposer une solution d'affacturage exclusivement dédiée aux éditeurs de logiciels : le contrat FAAS, « Factoring As A Service ». Un nouveau service assuré par Factobail qui vient ainsi renforcer la capacité de financement des membres de l'association.
MUMBAI, December 10, 2010 -- 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 IndiGo Airlines.
IndiGo Airlines currently operates a fleet of 31 Airbus A320 aircraft to 22 destinations in India.
Dan Whitney
GE Capital Aviation Services
[email protected]
203-585-2268
203-300-8707
SINGAPORE, December 9, 2010 -- 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 Philippine Airlines that will be operated by AirPhil Express. The aircraft is part of GECAS' existing order book with Airbus.
AirPhil Express operates a fleet of 10 aircraft that fly to 25 destinations.
About GE Capital Aviation Services (GECAS)
Alliance Provides Increased Liquidity and Online Account Management Tools
IRVING, TX -- GE Capital and JCB, a leading global construction equipment manufacturer, announced today an agreement to provide financing to JCB's U.S. dealerships; this new arrangement allows them to better manage wholesale floor planning by obtaining more flexible payment terms and increased liquidity.
SINGAPORE, December 8, 2010 -- GE Capital Aviation Services Ltd. (GECAS), the commercial aircraft leasing and financing arm of GE, today announced delivery of three new Boeing 737-800 aircraft to PT Garuda Airlines in Indonesia. The aircraft come from GECAS' existing order book with Boeing.
The three deliveries to Garuda bring the total number of aircraft leased from GECAS to 16. The airline operates a fleet of 87 aircraft that fly to more than 50 destinations.
About GE Capital Aviation Services (GECAS)
GE wird bis 2015 über seinen Geschäftsbereich Capital Fleet Services 25.000 Elektrofahrzeuge für seine eigene Flotte erwerben -- dies ist das bisher größte Einzelengagement eines Unternehmens im Bereich Elektrofahrzeuge.v
GE wird bis 2015 über seinen Geschäftsbereich Capital Fleet Services 25.000 Elektrofahrzeuge für seine eigene Flotte erwerben -- dies ist das bisher größte Einzelengagement eines Unternehmens im Bereich Elektrofahrzeuge.
