With its first equity investment in India, GE's transport solutions provider takes its first step to serve India's infrastructure needs
NEW DELHI, India & STAMFORD, Conn.--(BUSINESS WIRE)--GE Equipment Services, a global provider of financing, maintenance and asset intelligence services for transportation assets, and Titagarh Wagons Limited, a leading railway wagon manufacturer in India, today announced that they have formed a strategic relationship to advance the country's rail infrastructure.
Hotelier Uses Nearly $75 Million from GE Capital Solutions, Franchise Finance for Three Acquisitions
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--In an effort to build its portfolio and broaden its scope, Supertel Hospitality, Inc., has acquired 27 hotels through a three-part financing agreement with GE Capital Solutions, Franchise Finance.
Credit Program Makes Planned and Unexpected Home Needs more Affordable
ST.PAUL, Minn.--(BUSINESS WIRE)--GE Money's Sales Finance unit has renewed its consumer finance agreement with American Residential Services LLC (ARS®), a leading provider of air conditioning, heating, and plumbing services under the brand names ARS®, and Rescue Rooter®. ARS and Rescue Rooter operate nearly 60 company-owned locations throughout the U.S.
GLENDALE, Calif. & STAMFORD, Conn.--(BUSINESS WIRE)--GE Energy Financial Services, the energy investing unit of GE (NYSE:GE), is diversifying its renewable energy portfolio by increasing its investment in one of the largest landfill gas-to-energy projects in the United States. GE Energy Financial Services acquired a 90 percent interest in a limited partnership that operates the Scholl Canyon Landfill gas project in Glendale from Scholl Canyon Landfill Gas Corp., an affiliate of Palmer Capital Corp., which will continue to manage and direct the operations.
CHICAGO--(BUSINESS WIRE)--GE Antares Capital today announced it served as administrative agent for a $113 million senior secured credit facility to support Industrial Growth Partner's acquisition of API Heat Transfer Holding Company. GE Capital Markets served as sole lead arranger and bookrunner.
The credit facility consisted of a $20 million senior secured revolving facility, and a $93 million senior secured term loan. Proceeds from the financing were used to partially fund the acquisition of API Heat Transfer and to provide for its working capital needs.
CHICAGO--(BUSINESS WIRE)--GE Healthcare Financial Services has provided a $3.3 million lease line of credit to BioStorage Technologies (BST). The Indianapolis, IN.-based company is a worldwide leader in short-term and long-term biomaterials storage, sample management and cold chain logistics. They will use the loan to support additional BST capital acquisitions.
CHICAGO--(BUSINESS WIRE)--GE Antares Capital today announced it served as administrative agent for an $80 million senior secured credit facility to support Kohlberg & Company's ("Kohlberg") acquisition of Trico Products. GE Capital Markets served as sole lead arranger.
he senior secured credit facility consisted of an $80 million ABL revolving credit facility. Proceeds of the financing were used to fund Kohlberg's acquisition of Trico, and to provide for future working capital needs.
CHICAGO--(BUSINESS WIRE)--GE Antares today announced it served as administrative agent for a $118 million senior secured credit facility to support the acquisition of Schneller, Inc. by Graham Partners. GE Capital Markets serves as sole lead arranger and bookrunner.
The senior secured credit facility consisted of a $15 million revolving credit facility and a $103 million term loan. Proceeds were used to fund the acquisition of Schneller and to provide for working capital needs.
