MAINZ, 1 Juli 2010: GE Capital hat heute nach der Zustimmung der Finanzaufsicht und des Bundeskartellamtes den Kaufvertrag mit der Royal Bank of Scotland Plc (RBS) zur vollständigen Übernahme der RBS Factoring GmbH abgeschlossen. Über den Kaufpreis vereinbarten die Parteien Stillschweigen.
Financing volume expected to hit £60m by 2011
GE Capital announced that it agreed to provide Swift Group Ltd, the UK's leading manufacturer of caravans, motorhomes and holiday homes, with a distribution finance facility that will provide the company with an estimated £30 million of dealer stocking funds in 2010.
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NORWALK, Conn.--Friday, July 09, 2010-- GE Capital, Restructuring Finance today announced it is co-collateral agent in a $650 million asset-based credit facility to Smurfit-Stone Container Corporation, a leading integrated containerboard and corrugated packaging producer and recycler. The loan supports the company's exit from bankruptcy protection under a Plan of Reorganization. GE Capital Markets served as joint lead arranger.
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Capital Solutions for the Home Product Industry (CSHPI) announced the launch of a dealer inventory financing program with Funai Corporation, the company behind the Emerson, Sylvania, Magnavox and Philips brand names. CSHPI is the trade name of GE Capital, Commercial Distribution Finance in the electronics and appliance industries.
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GE Capital's Healthcare Financial Services business has provided $90 million in senior secured credit facilities to Guardian Healthcare, a leading Medicare-certified provider of professional home healthcare services based in McKinney, TX. The company has 30 locations throughout Texas, Ohio and Oklahoma.
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GE Capital's Fleet Services business has premiered a new set of features for its Online Vehicle Ordering product; they are designed to further automate and streamline the ordering process.
Eden Prairie, Minn. -- GE Capital, Fleet Services today announced a new set of features for its Online Vehicle Ordering product designed to further automate and streamline the ordering process and enable fleet managers and drivers to work more efficiently.
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GE Capital announces the formation of a Technology Client Advisory Board (Tech CAB) composed of GE clients.
Eden Prairie, Minn. -- GE Capital, Fleet Services today announced the formation of a Technology Client Advisory Board (Tech CAB) made up of leaders from GE client organizations representing a variety of vehicle fleet sizes, asset types and industries. The group will provide feedback on Fleet Services' technology roadmap, suggesting opportunities for improvement and providing input into future product development efforts.
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NORWALK, Conn.--Wednesday, June 16, 2010-- GE Capital, Restructuring Finance today announced it agented a $150 million plan of reorganization credit facility to BI-LO, one of the largest supermarket chains in the Southeastern U.S. The loan supports BI-LO's exit from bankruptcy and ongoing working capital needs. GE Capital Markets served as sole lead arranger.