Hugoton Gathering System Will Double Regency's Footprint in Kansas
DALLAS & HOUSTON--(BUSINESS WIRE)--Regency Energy Partners LP (NASDAQ:RGNC) has agreed to acquire FrontSteet Hugoton, LLC from an affiliate of GE Energy Financial Services, a unit of GE (NYSE:GE), and FrontStreet EnergyOne, LLC, for approximately $139 million, expanding Regency's asset base in the Midcontinent region. This acquisition will be immediately accretive to cash available for distribution.
ISTANBUL, Turkey & STAMFORD, Conn.--Dec. 10, 2007--GE Energy Financial Services, a unit of GE (NYSE: GE), announced today that it would join GAMA Holding AS to invest in energy and water projects in Turkey and the surrounding region, helping to meet rising demand for electricity and water, and grow in emerging markets.
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Florida Furniture Retailer to Continue Successful Program
KETTERING, Ohio--(BUSINESS WIRE)--GE Money and City Furniture today announced a multi-year extension of their consumer financing agreement, originally formed in 1990. The City Furniture Card program is managed by GE Money's Sales Finance unit and provides instant credit at the point of sale, a simplified application process, same day delivery and account maintenance via the Web.
NORWALK, Conn.--(BUSINESS WIRE)--GE Commercial Finance today announced it has appointed Managing Director, Thomas W. Regan, 48, to serve as group head of sponsor coverage for its Media, Communications & Entertainment business. Regan most recently ran the GE unit's large-cap media origination team and has closed financings for Raycom Media, Community Newspaper Holdings and Thomas Nelson.
Watford-based employer sends team of volunteers to work with hospital employees in assessing the administration process in Dermatology. Ø As a result potentially up to two weeks could be knocked off the Dermatology administration process - reducing patient waiting times. Ø The GE 'Lean' management tool implemented to enhance the patient experience at the local community hospital. "I am delighted that colleagues from GE Money Home Lending were able to use their skills and time to help on this volunteer project in the local community.
NORWALK, Conn.--(BUSINESS WIRE)--GE Commercial Finance Corporate Lending today announced it provided a $400 million trade accounts receivable securitization to Cummins Inc. (NYSE: CMI), a leading manufacturer of diesel engines, power generation systems and related components and technologies. The financing will be used to fund working capital needs and the loan may be increased to $500 million subject to the satisfaction of certain terms and conditions.
NORWALK, Conn.--(BUSINESS WIRE)--GE Commercial Finance Corporate Lending today announced it provided a $400 million trade accounts receivable securitization to Cummins Inc. (NYSE: CMI), a leading manufacturer of diesel engines, power generation systems and related components and technologies. The financing will be used to fund working capital needs and the loan may be increased to $500 million subject to the satisfaction of certain terms and conditions.
