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Press Release

GE Capital Aviation Services Closes Acquisition of Milestone Aviation Group

January 28, 2015

DUBLIN, Ireland - January 30, 2015 - GE Capital Aviation Services (GECAS), the aircraft leasing unit of GE (NYSE: GE), today announced it completed and closed its acquisition of Milestone Aviation Group, the Dublin-based helicopter lessor, for $1.775 billion plus the assumption or payoff of Milestone’s existing debt.

"The acquisition of Milestone is a key part of our growth strategy for 2015 and beyond as we add an experienced team and expand into a natural adjacency for us, helicopters," said Norman Liu, president and chief executive officer.


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Press Release

GE Capital Fleet Services Names Eric Stanley as Managing Director

January 26, 2015

Eden Prairie, Minn. - GE Capital Fleet Services today announced that it has named Eric Stanley as Managing Director, Southeast Region, based in Atlanta.


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Press Release

GE Capital's Telecom, Media and Technology Business Closes Strong 2014

January 22, 2015
  • Completed 50 TMT transactions totaling $5 billion 
  • Provided $1.3 billion across 17 tech transactions
  • Hired tech sector expert Raj Seth

 


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Press Release

GE Capital Aviation Services Delivers New Leased Airbus A330-300 to KLM Royal Dutch Airlines

January 21, 2015

SHANNON, Ireland, January 21, 2015 -- GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing arm of GE, today announced it delivered a new leased Airbus A330-300 aircraft to KLM Royal Dutch Airlines, the flag carrier of the Netherlands, as part of the airline’s fleet renewal program. The aircraft is part of GECAS’ existing order book with Airbus.
 


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Press Release

Company-owned Fleets Challenged by Capital Expenditure Limitations, Escalating Total Costs

January 20, 2015

Safety, regulatory compliance and rising maintenance costs cited as key concerns across all fleets

 

Eden Prairie, Minn. -  According to a study released today by GE Capital Fleet Services, companies that own their vehicle fleets report that they are challenged by capital expenditure limitations and the total cost of ownership of their fleets. 


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Press Release

GE Capital Exhibiting at National Association of Music Merchants Tradeshow

January 19, 2015

CHICAGO, IL ― GE Capital, Commercial Distribution Finance (CDF), a leading provider of inventory financing to the music industry, is exhibiting at the National Association of Music Merchants’ (NAMM) annual winter show in Anaheim, CA, January 22-25. NAMM is the world’s largest trade-only event for the music products industry.


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Press Release

GE Capital hausse le montant de la facilité de crédit accordée à Van-Rob Inc. à 91 millions $

January 15, 2015

TORONTO (ON), JAN. 15, 2015 - GE Capital, Canada a annoncé aujourd’hui qu’elle a haussé le montant de la facilité de crédit garantie de premier rang accordée à Van-Rob Inc. à 91 millions $. GE Capital, Canada a agi à titre d’arrangeur principal et agent administratif; les fonds serviront aux fins du fonds de roulement général de l’entreprise.


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Press Release

GE Capital Finances Expansion of Blast 825°, New Pizza Concept of Milano Restaurants

January 15, 2015

SCOTTSDALE, AZ, JAN. 15, 2014 - GE Capital’s Franchise Finance (GEFF) business announced today that it has provided a new $7.6 million term loan and $2.0 million revolving credit facility to Milano Restaurants International Corp. The funds will be used primarily to develop its new fast-casual pizza concept, Blast 825°.


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Press Release

Healthcare Industry Optimistic Despite Challenges, Says New GE Capital Survey

January 13, 2015
  • Less concern over Affordable Care and regulatory oversight
  • See better year ahead; planning for organic and M&A growth

 


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Press Release

GE Capital Agents $40 Million Credit Facility for GenMark Diagnostics

January 13, 2015

BETHESDA, MD, JAN. 13, 2015 - GE Capital’s Healthcare Financial Services business has served as administrative agent on a senior secured credit facility of up to $40 million for GenMark Diagnostics, Inc. (NASDAQ: GNMK), comprised of a multi-tranched $35 million venture loan facility and a $5 million asset-based revolving credit facility. GE Capital Markets served as sole lead arranger and bookrunner.


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