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Press Release

GE Antares Capital Finances Industrial Growth Partners' Acquisition of Grakon Holdings, LLC

November 10, 2014

CHICAGO - November 10, 2014 - 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 Grakon Holdings, LLC by Industrial Growth Partners. GE Capital Markets served as lead arranger and bookrunner on this facility.

Headquartered in Seattle, Washington, Grakon is a global designer and manufacturer of custom interior and exterior lighting, and complex engineered and assembled molded trim components for the heavy truck and specialty transportation markets.

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Press Release

Aerospace Suppliers Ramping Up To Meet Surging Orders, Says GE Capital

November 07, 2014

CHICAGO - November 7, 2014 - The aerospace supply industry is still in the early days of a long-term boom in orders, say industry participants at a recent suppliers summit hosted by GE Capital at GE Aviation’s headquarters in Cincinnati, OH.

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Press Release

GE Antares Capital Finances Kohlberg & Company's Acquisition of PPC Industries, Inc.

November 07, 2014

CHICAGO - November 7, 2014 - GE Antares, a unit of GE Capital, announced today it is serving as administrative agent on a $160 million senior secured credit facility to support the acquisition of PPC Industries, Inc. by Kohlberg & Company. GE Capital Markets served as lead arranger and bookrunner on this facility.

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Press Release

GE Capital closes the sale of its GE Money Bank AB (Nordics) to Santander Consumer Finance S.A.

November 06, 2014

NORWALK, Conn.  - November 6, 2014 -- GE Capital, the financial services division of GE (NYSE: GE), said today that it has closed the sale of its GE Money Bank AB (Nordics) consumer finance business to Santander Consumer Finance S.A. The deal was announced on June 21, 2014.

“This sale is part of our overall strategy to focus GE Capital on our commercial portfolio with a goal of becoming 25% of GE’s overall earnings,” said Keith Sherin, chairman and CEO, GE Capital.

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Press Release

GE Capital consent 8,8 millions $ en facilité de crédit de premier rang au fabricant de pièces de camions DBG Metal Manufacturing

November 05, 2014

TORONTO (ON), 5 NOVEMBRE 2014 - GE Capital Canada annonce aujourd'hui qu'elle a consenti 8,8 millions $ en facilité de crédit garanti de premier rang à DBG Canada Ltd, communément appelé DBG Metal Manufacturing, un important fabricant de pièces de camions. DBG utilisera cette somme pour refinancer un emprunt à terme existant et comme fonds de roulement.

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Press Release

GE Capital Is Platinum Sponsor Of Education-focused Rv Dealer Convention & Expo

November 05, 2014

CHICAGO, NOV. 5, 2014 -GE Capital, Commercial Distribution Finance (CDF), a leading provider of recreational vehicle (RV) dealer financing across North America, is a platinum sponsor of the RV Dealers International Convention and Expo, held in Las Vegas November 10-14 at Bally’s Hotel & Casino. Sponsored by the Recreational Vehicle Dealers Association (RVDA), the event gathers together RV dealers to learn the industry's latest trends and best practices.

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Press Release

GE Capital Provides $8.8 Million Senior Credit Facility to Truck Parts Maker DBG Metal Manufacturing

November 05, 2014

TORONTO (ON), NOV. 5, 2014 - GE Capital Canada announced today that it has provided an $8.8 million senior secured credit facility to DBG Canada Ltd., commonly known as DBG Metal Manufacturing, a leading manufacturer of truck parts. DBG will use the proceeds to refinance an existing term loan and for working capital.

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Press Release

Lawn & Garden Companies Look to Stock More Inventory and Grow Sales, According to GE Capital Survey

November 05, 2014

CHICAGO, Nov 5, 2014 - Lawn and garden companies are feeling optimistic about 2015, according to a survey conducted by GE Capital, Commercial Distribution Finance (CDF). Twenty-two percent of respondents think sales will grow 15 percent or more, with an additional 22 percent expecting growth between 10-15 percent and 38 percent expecting growth between 5-10 percent.

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Press Release

GE Capital Fleet Barometer: Talente an Bord - Dienstwagen steigern die Arbeitgeberattraktivität

November 04, 2014
  • Das Firmenfahrzeug bleibt Statussymbol mit hoher emotionaler Wirkung
  • Trend geht zu neuen Mobilitätskonzepten

Der Dienstwagen ist und bleibt Statussymbol. Dabei ist ein eigenes Fahrzeug auf Firmenkosten nicht mehr reines Privileg der Top-Manager. Über die Hälfte der Unternehmen (55 Prozent) stellt ihren Mitarbeitern bereits auf Teamleiter-Ebene einen eigenen Wagen zur Verfügung. Das sind die Ergebnisse des Fleet Barometers von GE Capital, das dieses Mal zum Thema „Arbeitgeberattraktivität durch Dienstwagen“ durchgeführt wurde.

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Press Release

GE Antares Capital Finances Snow Phipps' Acquisition of Teasdale Quality Foods, Inc.

November 03, 2014

CHICAGO - November 3, 2014 - GE Antares, a unit of GE Capital, announced today it is serving as administrative agent on a $104 million senior secured credit facility to support the acquisition of Teasdale Quality Foods, Inc. by Snow Phipps Group, LLC. GE Capital Markets served as lead arranger and bookrunner on this facility.

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