Sales Finance unit to provide consumer financing to leading Caribbean retailer
GE Money and Rooms To Go - Puerto Rico today announced a multi-year agreement to provide consumer financing through the home furnishing retailer's six locations on the island.
The Rooms To Go Credit Card, issued through GE Money's Sales Finance unit, provides flexible financing promotions and extended terms, including no-interest periods of up to 60 months.
MONTREAL--23 July 2009-- GE Capital today announced it acted as co-agent on an $800 million exit financing for the U.S. and Canadian businesses of Quebecor World Inc., a worldwide leader in commercial printing. GE Capital Markets and GE Capital Markets (Canada) Ltd. acted as joint-lead arrangers.
NORWALK, Conn.--(BUSINESS WIRE)--GE Capital, Corporate Retail Finance today announced it committed $290 million of new money to a $1 billion asset-based revolving line of credit for Rite Aid Corporation (NYSE:RAD), a leading national drugstore retailer. The loan, which was previously announced by the company, will be used for working capital purposes. GE Capital Markets served as joint lead arranger.
Dacor®, market leader in luxury kitchen appliance design, manufacturing and distribution, and GE Money today announced a multi-year agreement to provide consumer financing on the purchase of eligible Dacor appliances. Beginning August 1, the new financing program, backed by GE Money's Sales Finance unit, will be available nationwide through participating Dacor dealers.
Funds facilitate a 14-unit acquisition in Dallas and Fort Worth
SCOTTSDALE, Ariz.--21 July 2009-- GE Capital, Franchise Finance completed a $12 million loan to Tribox LLC for the purchase of 14 Jack in the Box units and to refinance some existing debt. Tribox currently owns and operates seven Jack in the Box franchise units in the Dallas area.
BETHESDA, Md.--(BUSINESS WIRE)--GE Capital, Healthcare Financial Services, one of America's leading healthcare financiers, today announced it served as administrative agent on a $97.5 million senior credit facility for Univita Health Inc., a portfolio company of Genstar Capital. The loan will be used to refinance a portion of Univita's existing indebtedness and for general corporate purposes. GE Capital Markets, Inc. arranged the transaction as sole bookrunner and co-lead arranger.
BETHESDA, MD-- July 16, 2009 --- GE Capital, Healthcare Financial Services, one of America's leading healthcare financiers, today announced it served as administrative agent on a $97.5 million senior credit facility for Univita Health Inc., a portfolio company of Genstar Capital. The loan will be used to refinance a portion of Univita's existing indebtedness and for general corporate purposes. GE Capital Markets, Inc. arranged the transaction as sole bookrunner and co-lead arranger.
GE Money Sport Card Available Through U.S. Giant Bicycle Dealers
GE Money announced a multi-year agreement to provide consumer financing for Giant Bicycle, a leading supplier of bikes in the U.S. The GE Money Sport Card, managed by GE Money's Sales Finance unit, provides cyclists with a convenient revolving credit program and special promotions that makes buying a new Giant bike as easy as riding one.
GE SCF, a société de credit foncier (special purpose company) 99.9% owned by GE Money Bank that specializes in lending to private individuals, has successfully completed the initial issue of its program of €5 billion in covered bonds backed by high-quality mortgage assets. This initial issue is for €1 billion maturing in 5 years, was issued at 105 basis points over mid-swap and comes with a 3.75% coupon. GE SCF intends to conduct new issues in the future and become a regular issuer on the market.
