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Press Release

GE Capital Global Banking Increases Ownership in BAC-Credomatic

June 26, 2009

GE Capital Global Banking announced today that it has increased its ownership stake in BAC-Credomatic GECF Inc. (BAC-Credomatic), from 49.99% to 75%, as contemplated in the original agreements signed by the parties in 2005.


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Press Release

Top three home improvements could add £54,922 to the value of your home

June 26, 2009
  • Adding extra space by going up or out continues to be the best way to increase the value of a home
  • Top home improvement is a loft conversion which could increase its value by over 12% (£22,898)*
  • More cosmetic improvements such as decking, flooring or decorating considered less effective in increasing value

"The current housing market means that more people are looking to improve their home rather than move.


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GE Capital Aviation Services announces delivery of new Airbus A320 to Wizz Air

June 26, 2009

SHANNON, IRELAND June 26, 2009. -- GE Capital Aviation Services (GECAS) today announced the delivery of a new Airbus A320-200 (serial number 3927) to Wizz Air to help the carrier's fleet expansion.   

GECAS acquired the aircraft through a purchase and leaseback transaction with the airline.  The aircraft is part of an existing order agreement between Wizz Air and Airbus.

About GE Capital Aviation Services (GECAS)


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GE Capital Launches Distribution Finance Program for Fujitsu America through Leading US Distributors D&H, Tech Data and Synnex

June 25, 2009

HOFFMAN ESTATES, Ill.--25 June 2009-- GE Capital, Commercial Distribution Finance today announced the launch of extended distribution financing programs available for resellers who source their Fujitsu America branded products through D&H, Tech Data or Synnex. The finance program offers resellers free 60-day payment terms for select Fujitsu products sold through those distributors.


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GECAS announces delivery of new Airbus A320 to Aeroflot

June 24, 2009

SHANNON, IRELAND June 23, 2009. -- GE Capital Aviation Services (GECAS) today announced the delivery of an Airbus A320-200 aircraft (serial number 3923) to Aeroflot Airlines to help the carrier's fleet development

The aircraft comes from GECAS' existing order book with Airbus and is one of 31 aircraft GECAS currently leases to the airline. Aeroflot, based in Moscow, Russia, currently has a fleet of 104 aircraft.

About GE Capital Aviation Services (GECAS)


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First Financial Education Program for Underprivileged Women in Shanghai Launched by GE Capital and All-China Women's Federation

June 22, 2009

June 22, 2009, Shanghai --- GE Capital China and All-China Women's Federation (ACWF), a prominent NGO dedicated to the advancement of Chinese women, today launched its first financial education program, "Keys To A Golden Future", which is designed to empower underprivileged women in Shanghai.


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GE Capital Provides $75 Million To Arizant Inc.

June 16, 2009

BETHESDA, Md.--16 June 2009-- GE Capital, Healthcare Financial Services today announced it provided a $75 million senior credit facility for Arizant Inc. The loan will be used to refinance Arizant's existing indebtedness and for general corporate purposes. GE Capital Markets served as joint lead arranger and sole bookrunner.


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Ricoh Americas Corporation launches Distribution Finance Program with GE Capital to Ricoh U.S. Dealers

June 15, 2009

HOFFMAN ESTATES, IL -- Ricoh Americas Corporation and GE Capital Commercial Distribution Finance today announced the launch of a finance program available for qualified dealers of Ricoh U.S. branded products including Ricoh, Savin and Lanier. The finance program offers dealers discounts, no interest financing and payment terms of up to 90 days.


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GECAS Announces Delivery of New Boeing 777 to LAN Cargo

June 15, 2009

STAMFORD, CT, USA June 15, 2009. -- GE Capital Aviation Services (GECAS) today announced the delivery of a second Boeing B777-200LR freighter to LAN CARGO.

The aircraft comes from GECAS' existing order book with Boeing and is one of three aircraft GECAS currently leases to LAN CARGO.   LAN CARGO, based in Santiago de Chile, currently has a fleet of 11 freighter aircraft.

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About GE Capital Aviation Services (GECAS)


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GE Capital Co-Leads $230 Million Term Loan for Transaction Network Services, Inc. to Support Acquisition

June 12, 2009

NORWALK, Conn.--12 June 2009-- GE Capital, Corporate Finance today announced it served as co-administrative agent for a $230 million cash flow term loan to Transaction Network Services, Inc. (NYSE:TNS), a leading provider of secure data, network and telecommunications services. The new loan increases the company's existing credit facility to $423.5 million to support the acquisition of the Communication Services Group (CSG) from VeriSign, Inc.


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