GE BETHESDA, Md.--03 April 2009-- GE Capital's Healthcare Financial Services business today announced it has provided a $25 million senior secured credit facility to Regency Healthcare Group based in Brentwood, TN. The company will use the loan to refinance existing debt and for growth capital. Regency is a portfolio company of EDG Partners, LLC. GE Capital Markets, Inc. arranged the transaction.
NORWALK, CT-- March 25, 2009 --- GE Capital's Healthcare Financial Services business today announced it agented an amendment to the $124 million senior secured credit facility of Medical Staffing Network Holdings, Inc., a healthcare staffing company. GE Capital Markets arranged the amended credit facility.
Based in Boca Raton, FL, Medical Staffing provides supplemental healthcare personnel, nurses, paraprofessionals and allied support services to healthcare facilities nationwide.
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NORWALK, CT-- March 23, 2009 --- GE Capital's corporate lending business today announced it provided a $175 million accounts receivable securitization facility to Georgia Gulf Corporation, a leading chemicals company. The proceeds will be used for working capital needs.
In this type of structure, GE provides an asset-based loan secured by the company's accounts receivables.
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DALLAS--(BUSINESS WIRE)--Regency Energy Partners LP (Nasdaq: RGNC), Alinda Capital Partners LLC ("Alinda") and an affiliate of GE Energy Financial Services announced today the completed formation and funding of a joint venture to finance and construct Regency's Haynesville Expansion Project, a North Louisiana pipeline that will transport gas from the Haynesville Shale, one of the fastest growing U.S. natural gas fields. Regency has already secured commitments from shippers for 84% of the pipeline's capacity.
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GE Money Bank Switzerland launches GE Money Bank MasterCard Gold and Silver credit cards independent from a commercial partner.
For the first time, GE Money Bank Switzerland launches GE Money Bank MasterCard Gold and Silver credit cards independent from a commercial partner. Card holder benefits include comprehensive travel and aviation accident insurance, low annual fees and interesting credit limits.
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NORWALK, Conn.--16 March 2009-- GE Capital's Healthcare Financial Services business today announced an $89 million senior credit facility provided to Vesta Inc., a RoundTable Healthcare Partners portfolio company. A portion of the proceeds was used to complete the acquisition of ExtruMed LLC.
ExtruMed is an independent manufacturer of high precision thermoplastic tubing for diagnostic and therapeutic medical devices and procedures.
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GE Money and the National Kitchen and Bath Association offer the The Home Design consumer financing program.
KETTERING, Ohio --- March 5, 2009 --- GE Money and the National Kitchen and Bath Association (NKBA), the premiere association for kitchen and bath professionals, today announced a multi-year relationship to provide consumer financing. The Home DesignSM program, a revolving credit program backed by GE Money's Sales Finance unit, is now available nationwide through NKBA dealer, designer and builder/remodeler members.
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GE Capital Solutions Fleet Services has renewed its membership in the American Automotive Leasing Association (AALA).
GE Capital Solutions Fleet Services has renewed its membership in the American Automotive Leasing Association (AALA). AALA's primary goal is to ensure that the business interests of the fleet leasing industry are properly represented before Congress, the Executive Branch and regulatory agencies.
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DALLAS, February 27, 2009 -- Regency Energy Partners LP (Nasdaq: RGNC), Alinda Capital Partners LLC ("Alinda") and an affiliate of GE Energy Financial Services announced today they are forming a joint venture to finance and construct Regency's Haynesville Expansion Project, a North Louisiana pipeline that will transport gas from the Haynesville Shale, one of the fastest growing U.S. natural gas fields. Regency has already secured commitments from shippers for 84% of the pipeline's capacity.