GE Antares Capital today announced it acted as administrative agent for a $51 million senior secured credit facility in the recapitalization of Marshfield DoorSystems, Inc., a portfolio company of Wind Point Partners.
CHICAGO--(BUSINESS WIRE)--GE Antares Capital today announced it acted as administrative agent for a $51 million senior secured credit facility in the recapitalization of Marshfield DoorSystems, Inc., a portfolio company of Wind Point Partners.
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GE Commercial Finance Corporate Lending today announced it has led $250 million in credit facilities for Handleman Company, a leading distributor of music CDs and video games.
NORWALK, Conn.--(BUSINESS WIRE)--GE Commercial Finance Corporate Lending today announced it has led $250 million in credit facilities for Handleman Company, a leading distributor of music CDs and video games. GE Corporate Lending provided a $110 million asset-based credit facility and GE Capital Markets, Inc. served as co-lead arranger on a $140 million senior secured credit facility.
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Lender Provides One-Stop Solution for Evening Star in its Acquisition of Zebb's Deluxe Grill & Bar
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Capitalizing on favorable market conditions, Evening Star, Inc., completed a deal with GE Capital Solutions, Franchise Finance that enabled it to purchase Zebb's Deluxe Grill & Bar brand, a casual dining concept in upstate New York that operates five units. The lender funded $7.2 million through a business enterprise loan and sale-leaseback on four properties.
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Furthering its growth strategy, GE Money, the consumer lending unit of General Electric Company (NYSE:GE), today announced that it is the exclusive issuer of the Lowe's Platinum Visa credit card portfolio and reached an agreement to continue providing private label and co-brand credit programs for Lowe's Companies, Inc. through 2016.
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Positioning Underscores GE's Role as Healthcare's Most Resourceful Problem Solver
CHICAGO--(BUSINESS WIRE)--GE Healthcare Financial Services, a leading global provider of business and financial solutions to the healthcare industry, today launched a new brand campaign that articulates the Company's expertise as "Healthcare's Most Resourceful Problem Solvers."
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GE Antares Capital and its sister business, GE Healthcare Financial Services, today announced the closing as administrative agent of a $118 million senior secured credit facility to support the acquisition of The Hygenic Corporation by Cortec Group Fund IV, L.P., a New York-based private equity firm.
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New Report Shares Strategies that Encourage
Efficiency, Quality, and Consumer Involvement
CHICAGO--(BUSINESS WIRE)--Today's healthcare payment system has produced a perplexing array of cross subsidies, hidden taxes and conflicting incentives, making it costly to administer and difficult to understand. And it has created such an intricate maze of conflicting incentives and priorities that any proposed solution damages at least one of the system's stakeholders --- government, payers, providers, business, and consumers.
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GE Money's Sales Finance unit and the Electric & Gas Industries Association (EGIA), a non-profit organization dedicated to advancing energy efficiency and renewable energy solutions, today announced a new multi-year relationship to provide revolving and installment consumer financing through the GEOSmart Loan program.