NORWALK, Conn.--(BUSINESS WIRE)--GE Commercial Finance -- Global Media & Communications has provided a $60 million senior secured facility to Northland Cable Properties, Inc., a subsidiary of Northland Telecommunications Corp. -- the 16th largest Multiple System Operator (MSO) in the U.S.
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NORWALK, Conn.--(BUSINESS WIRE)--GE Commercial Finance -- Global Media & Communications has provided a $60 million senior secured facility to Northland Cable Properties, Inc., a subsidiary of Northland Telecommunications Corp. -- the 16th largest Multiple System Operator (MSO) in the U.S.
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Restaurateur Is Poised for Growth with $28.5 Million in New Funding
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Boston-based Back Bay Restaurant Group, Inc. received $28.5 million in financing from GE Capital Solutions, Franchise Finance, choosing the lender because of its experience in the restaurant industry. GE Capital Solutions, Franchise Finance acted as a one-stop shop for Back Bay, providing financing and proving to be a flexible lender.
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Dave Nissen, President and CEO of GE Money, hosted a meeting focusing on key initiatives underway within the business. Additionally, leaders from across the segment provided regional and business updates.
Location: New York, NY
Dave Nissen, President and CEO of GE Money, hosted a meeting focusing on key initiatives underway within the business. Additionally, leaders from across the segment provided regional and business updates.
Listen to the Audio Presentations:
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DANBURY, Conn.--(BUSINESS WIRE)--GE Capital Solutions, the business-to-business leasing, financing and asset management unit of General Electric (NYSE: GE), today agreed to buy Trustreet Properties, Inc. (NYSE: TSY), one of the leading self-advised restaurant real estate investment trusts (REIT) in the United States.
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CHICAGO--(BUSINESS WIRE)--GE announced it is entering into an agreement to purchase the assets of privately held Allrail Services. Allrail provides railcar maintenance services through mobile repair units (MRU) and mini-repair shops to customers.
The terms of the transaction were not disclosed. Closing is currently scheduled for November 2006.
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STAMFORD, Conn.--(BUSINESS WIRE)--GE Energy Financial Services and Sunland Resources, LLC announced today the acquisition of natural gas and oil reserves in northern Louisiana for $101 million. The properties were acquired from a consortium led by Caruthers Producing Co., Inc. and include 26 producing wells, two proved, developed non-producing wells, and 11 low risk, proved, undeveloped drilling locations in the Caspiana and Black Creek fields.
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DANBURY, Conn.--(BUSINESS WIRE)--Richard Laxer, a 22-year GE veteran, has been named president and CEO of GE Capital Solutions, one of the company's largest financial services businesses, with leasing, financing and asset management operations in 30 countries and assets of more than $92 billion.
In his new position, Laxer, 45, will report to GE Vice Chairman Mike Neal.
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CHICAGO--(BUSINESS WIRE)--GE Antares today announced it is serving as the administrative agent for a $145 million senior secured credit facility for the refinance of totes>>Isotoner® Corporation ("totes" or the "Company"), a portfolio company of Bruckmann, Rosser, Sherrill & Co. L.L.C. ("BRS"), and the purchase of the assets of the ESNY division of E.S. Originals Inc. GE Capital Markets served as sole lead arranger and bookrunner.