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Press Release

GE Capital accorde 13 millions $ au Groupe Canam, un chef de file en matériaux et services de construction

September 30, 2015

Montreal, 30 septembre 2015 - GE Capital, Canada a annoncé aujourd’hui qu’elle a agi à titre d’agent administratif et prêteur unique d’une facilité de crédit de 13,0 millions $ pour le Groupe Canam Inc., le plus important fabricant de composantes d’acier en Amérique du Nord. Les fonds serviront à financer des dépenses en immobilisations et des acquisitions d’entreprises, ainsi qu’à des fins de fonds de roulement.


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Press Release

GE Capital Provides $13 Million to Canam Group, a Leading Supplier of Construction Products and Services

September 30, 2015

Montreal, Sept. 30, 2015 - GE Capital, Canada announced today that it served as administrative agent and sole lender on a $13.0 million credit facility to Canam Group Inc., North America’s largest steel components fabricator. The proceeds will be used to finance capital expenditures and business acquisitions and to provide working capital.


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Press Release

Milestone Aviation Group Announces Expanded Commercial Team

September 30, 2015

Eight New Commercial Executives Hired and Five New Offices Opened in Dallas, Dubai, Hong Kong, Sao Paulo, and Singapore 

DUBLIN, September 30, 2015 - Milestone Aviation Group, a GE Capital Aviation Services (GECAS) company headquartered in Dublin and the global leader in helicopter leasing, announced today that it has expanded its commercial team with eight newly hired executives and increased its international presence in Africa, Asia, Australia, Europe, the Middle East, and North and South America.


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Press Release

GE Capital Aviation Services Announces Purchase-and-Leaseback Transaction with Malindo Air for Six New Boeing 737-800s

September 30, 2015

SHANNON, Ireland - September 30, 2015 - GE Capital Aviation Services (GECAS), the commercial aircraft leasing and financing arm of GE, today announced a purchase-and-leaseback transaction with Malindo Airways for six new Boeing 737-800 aircraft. Four of the aircraft have delivered to Malindo Air. The remaining two are scheduled for delivery in October. Malindo Air, headquartered in Malaysia, currently operates a fleet of 24 aircraft to more than 30 destinations.


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Press Release

GE Capital Aviation Services and Frontier Airlines Sign Purchase-and-Leaseback Deal for Nine New Airbus A321 Aircraft

September 25, 2015

NORWALK, Conn., - September 25, 2015 - GE Capital Aviation Services (GECAS), the commercial aircraft leasing and financing arm of GE, today announced it signed a purchase-and-leaseback agreement with Frontier Airlines for nine new Airbus A321 aircraft.


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Press Release

GE Capital Announces Private Exchange Offers for Certain Outstanding Notes of GE Capital from Eligible Holders

September 21, 2015
Press Release

RV Industry Sees Growth in Shipments and Retail Registrations Ahead of RV Open House, Says Commercial Distribution Finance

September 21, 2015

CHICAGO, SEPT. 22, 2015 - Shipments and retail registrations of recreational vehicles (RVs) are both up, according to data from the Recreational Vehicle Industry Association (RVIA) and Statistical Surveys Inc. (SSI). These metrics have positive implications for the RV industry, noted Commercial Distribution Finance (CDF), a business of GE Capital and major provider of financing to the industry.


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Press Release

GE Capital Aviation Services Completes Purchase-and-Leaseback of Two New Boeing 777-300ERs with ANA Holdings Inc. (ANAH)

September 17, 2015

SHANNON, Ireland - September 17, 2015 - GE Capital Aviation Services (GECAS), the commercial aircraft leasing and financing arm of GE, today announced it delivered two leased Boeing 777-300ER aircraft to ANAH for operation by its group airline, All Nippon Airways Co., Ltd. as part of a purchase-and-leaseback transaction.


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Press Release

GE Completes Sales Of $2 Billion European Sponsor Finance Business And $3.7 Billion Portfolio Of Home Loans. Real Estate Closings Reach $30 Billion.

September 16, 2015

FAIRFIELD, Conn. - September 16, 2015 - GE [NYSE:GE] has completed the previously announced sale of its European Sponsor Finance business, representing aggregate ending net investment (ENI) of approximately US$2.1 billion, to Sumitomo Mitsui Banking Corporation Europe (SMBCE). GE has also closed the sale of a US$3.7 billion portfolio of loans from its UK home lending business to Kensington Mortgage Company Limited, a company controlled by Blackstone Tactical Opportunities and TPG Special Situation Partners.


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Press Release

GE To Sell Transportation Finance Unit To Bmo Financial Group

September 10, 2015
  • Strong Execution on Divestiture Plan Continues; Announced Sales Reach $85 billion 

FAIRFIELD, Conn. - September 10, 2015 - GE [NYSE:GE] announced today that it has reached an agreement to sell its GE Capital, Transportation Finance business in the U.S. and Canada to BMO Financial Group (BMO).


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