Company Presents Shock-Absorbing Disc and Posterior Disc at NASS
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--SpinalMotion, developer of two investigational artificial discs for treating patients with degenerative disc disease, has closed a $14 million loan facility with GE Healthcare Financial Services. The venture debt will be used to fund SpinalMotion's product expansion and additional clinical evaluation.
CHICAGO--(BUSINESS WIRE)--GE Healthcare Financial Services signed a vendor financing agreement with Haemonetics Corporation, a global healthcare company dedicated to providing innovative blood management solutions. Under the agreement, GE Healthcare Financial Services will provide its full range of equipment financing options including operating leases, loans and customized programs to Haemonetics' customers.
New Payment Option Offered Through Retailer's 29 Northwest Locations
KETTERING, Ohio--(BUSINESS WIRE)--GE Money and Joe's Sports & Outdoor, one of the top 50 sporting goods retailers in the U.S., today announced a five-year agreement to provide the Joe's Sports & Outdoor credit card. The Sport Finance Program, managed by GE Money's Sales Finance unit, will be available as a payment option at the sporting goods retailer's 29 locations throughout Oregon, Washington and Idaho.
NEW DELHI, India--(BUSINESS WIRE)--GE Energy Financial Services, a unit of GE (NYSE: GE), is reinforcing its foothold in India's power market through KSK Power Venture Plc -- a leading power project developer in India. GE has acquired approximately 26% of the equity in Sayi Power Energy Limited, KSK's majority owner.
Additional financial details of the transaction were not disclosed.
CHICAGO--(BUSINESS WIRE)--GE Healthcare Financial Services signed a five-year vendor financing agreement with Sechrist Industries, a leading manufacturer of hyperbaric oxygen chambers and respiratory equipment. Under the agreement, Sechrist customers will have access to a full range of equipment financing options including capital and operating leases, loans and customized programs.
CHICAGO--(BUSINESS WIRE)--Capital improvements and other upgrades may suffer at hospitals across the country unless administrators find a way to cope with the medical malpractice insurance obligations and pension plans that are competing for these dollars. But planning to pay for unfunded obligations is just the tip of an operational iceberg known as unfunded liabilities that hospital CFOs need to successfully navigate.
Offers Consumers Customized Payment Plans for Individual Budgets
KETTERING, Ohio--(BUSINESS WIRE)--GE Money and Thomasville Furniture Industries today announced a multi-year renewal of its consumer financing agreement, originally formed in 2003. The Thomasville credit card program, issued through GE Money's Sales Finance unit, is available through Thomasville stores and gallery locations across the United States.
NORWALK, Conn.--(BUSINESS WIRE)--GE Commercial Finance Corporate Lending today announced it has provided a $550 million asset-based credit facility to Finlay Enterprises, Inc. (NASDAQ: FNLY), a fine jewelry retailer. The loan replaces a previous facility with GE and will be used to support Finlay's acquisition of Bailey Banks & Biddle, a division of Zale Corporation. GE Capital Markets served as sole bookrunner on the transaction.
NORWALK, Conn.--(BUSINESS WIRE)--GE Commercial Finance Corporate Lending today announced it has provided a $550 million asset-based credit facility to Finlay Enterprises, Inc. (NASDAQ: FNLY), a fine jewelry retailer. The loan replaces a previous facility with GE and will be used to support Finlay's acquisition of Bailey Banks & Biddle, a division of Zale Corporation. GE Capital Markets served as sole bookrunner on the transaction.
