BANGKOK, Thailand--(BUSINESS WIRE)--Aug. 28, 2006--GE Money, the consumer finance unit of the General Electric Company (NYSE:GE), announced today it has reached an agreement to acquire a 25.4% interest (on a fully diluted basis) in the Bank of Ayudhya (BAY) for US$600 million. The transaction is subject to shareholder approvals.
NORWALK, Conn.--(BUSINESS WIRE)--Aug. 28, 2006--GE Commercial Finance - Corporate Lending today announced that it has served as lead lender in a $30-million credit facility for MarketFare Foods, Inc., a leading manufacturer of quality branded, proprietary and co-pack sandwiches, wraps, burritos, sauces and specialty foods. Proceeds will be used for refinancing current debt, working capital management and general corporate purposes. GE Capital Markets served as lead arranger in this transaction.
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NORWALK, Conn.--(BUSINESS WIRE)--Aug. 28, 2006--GE Commercial Finance - Corporate Lending today announced that it has served as lead lender in a $30-million credit facility for MarketFare Foods, Inc., a leading manufacturer of quality branded, proprietary and co-pack sandwiches, wraps, burritos, sauces and specialty foods. Proceeds will be used for refinancing current debt, working capital management and general corporate purposes. GE Capital Markets served as lead arranger in this transaction.
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NORWALK, Conn.--(BUSINESS WIRE)--Aug. 23, 2006--GE Commercial Finance today announced that it has promoted Tim Perusek to south region managing director for its Corporate Lending business. Perusek and his team of 28 corporate finance professionals will help GE continue to provide loans, leases and other customized financial solutions to mid-size and large companies in the southern U.S.
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NORWALK, Conn.--(BUSINESS WIRE)--Aug. 23, 2006--GE Commercial Finance today announced that it has promoted Tim Perusek to south region managing director for its Corporate Lending business. Perusek and his team of 28 corporate finance professionals will help GE continue to provide loans, leases and other customized financial solutions to mid-size and large companies in the southern U.S.
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NORWALK, Conn.--(BUSINESS WIRE)--Aug. 21, 2006--GE Commercial Finance Global Sponsor Finance, a leading provider of leveraged lending solutions, today announced that Joseph T. O'Donnell Jr. has joined the company as a Managing Director, based in New York. He will be responsible for generating and overseeing client relationships in the large cap sponsor market.
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NORWALK, Conn.--(BUSINESS WIRE)--Aug. 21, 2006--GE Commercial Finance Global Sponsor Finance, a leading provider of leveraged lending solutions, today announced that Joseph T. O'Donnell Jr. has joined the company as a Managing Director, based in New York. He will be responsible for generating and overseeing client relationships in the large cap sponsor market.
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NORWALK, Conn.--(BUSINESS WIRE)--Aug. 17, 2006--GE Capital Markets and Comerica Bank announced today they are Co-lead Arrangers for $105 million of senior secured credit facilities to support the refinancing of Fitness Quest Inc. ("Fitness Quest"), a portfolio company of J. W. Childs Associates, L.P. ("JWC"). GE Commercial Finance Global Sponsor Finance will serve as Syndication Agent and Comerica Bank will serve as Administrative Agent.
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NORWALK, Conn.--(BUSINESS WIRE)--Aug. 17, 2006--GE Capital Markets and Comerica Bank announced today they are Co-lead Arrangers for $105 million of senior secured credit facilities to support the refinancing of Fitness Quest Inc. ("Fitness Quest"), a portfolio company of J. W. Childs Associates, L.P. ("JWC"). GE Commercial Finance Global Sponsor Finance will serve as Syndication Agent and Comerica Bank will serve as Administrative Agent.
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CHICAGO--(BUSINESS WIRE)--Aug. 15, 2006--GE Antares Capital today announced it is the administrative agent for $95 million in senior secured credit facilities to support the recapitalization of Breeze Industrial Products Corporation ("Breeze"), a portfolio company of Wind Point Partners. GE Capital Markets served as sole lead arranger and bookrunner for this transaction.