TORONTO (ON), APRIL 15, 2015 -Canadian consumers continue to spend more and more at chain and branded restaurants, according to GE Capital’s annual Canadian Chain Restaurant Industry Review, an extensive research report on the state of chain foodservice in the country.
EDEN PRAIRIE, Minn. - GE Capital Fleet Services today introduced BrightWorks[1] Insights, an advanced fleet analytics platform. The BrightWorks Insights platform is GE Capital Fleet Services’ core engine for bringing together data from drivers, vehicles, fleet services, and third parties to enable companies to make smarter fleet management decisions.
CHICAGO - GE Antares, a unit of GE Capital, announced today it is serving as administrative agent on a $138 million senior secured credit facility to support the acquisition of Bendon, Inc. by Irving Place Capital (IPC). GE Capital Markets served as joint lead arranger and joint bookrunner on this facility.
SHANNON, Ireland, April 7, 2015 -- GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing arm of GE, today announced delivery of a new, next-generation Boeing 737-800 aircraft to flydubai following a purchase and leaseback transaction. The aircraft expands flydubai’s fleet and was part of the airline’s existing order book with Boeing.
flydubai currently operates a fleet of 46 aircraft to more than 95 destinations.
SCOTTSDALE, AZ, APRIL 1, 2015 - GE Capital’s Franchise Finance (GEFF) business announced today that it has provided a $51 million credit facility to Giordano’s, a portfolio company of Victory Park Capital. GE Capital Markets served as administrative agent and joint lead arranger.
Founded in 1974 and calling itself the “originator of deep dish Chicago style stuffed pizza,” Giordano’s operates 16 units and franchises 31 units in the Midwest and Florida. The funds will be used to refinance existing debt and fund the development of new stores.
SHANNON, Ireland, April 1, 2015 -- GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing arm of GE, today announced delivery of a new leased Boeing 737-800 aircraft to Japan's Solaseed Air. The leased aircraft is part of GECAS' existing order book with Boeing.
Solaseed Air operates a fleet of 12 Boeing 737-800 aircraft to destinations in Japan.
MIYAZAKI CITY, JAPAN - MARCH 31, 2015: GE unit (NYSE:GE) GE Energy Financial Services and Virginia Solar Group subsidiary Pacifico Energy have partnered for a third time to construct a solar power project in Japan. GE Energy Financial Services and Virginia Solar Group will jointly invest equity in a 96.2-megawatt (DC) photovoltaic solar plant, with GE Energy Financial Services’ commitment totaling ¥7.5 billion. Construction of the plant is underway in Hosoe on Kyushu Island, in the prefecture of Miyazaki.
LONDON, 31 March 2015 -- AviaSolutions, a GE Capital Aviation Services company, today announced it completed a project for the UK Department for International Development (DFID) to arrange air service to the island of St. Helena beginning in 2016. On March 17, DFID announced the appointment of Comair Limited to provide weekly scheduled service between South Africa and St.
business unit
NORWALK, CT, March 30, 2015 - GE Capital’s Telecom, Media and Technology (TMT) financing business today announced that it served as administrative agent on a senior secured credit facility to support the acquisition of Unified OS Ltd. by Inventus Solutions, Inc., a Clearlake Capital Group portfolio company. GE Capital Markets served as sole lead arranger and bookrunner on this facility.
CHICAGO - GE Antares, a unit of GE Capital, announced today it is serving as administrative agent on a senior secured credit facility to support the acquisition of Phillips and Temro Industries (PTI) by Harbour Group. GE Capital Markets served as joint lead arranger and joint bookrunner on this facility.
PTI, headquartered in Minneapolis, MN, is a global manufacturer and supplier of thermal management systems and controls, primarily for diesel and gasoline engine platforms. The company sells highly engineered components built to unique application specifications.
