NORWALK, CT -- May 10, 2013 -- GE Capital, Corporate Finance today announced it is serving as administrative agent on a $250 million senior secured credit facility for Neenah Enterprises, Inc., a leading iron castings manufacturer. The loan is being used to refinance existing debt and to support ongoing working capital needs. GE Capital Markets served as lead arranger.
SINGAPORE, May 9, 2013 -- GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing and financing arm of GE, announced it has delivered a new leased Airbus A320 aircraft to Tiger Airways Singapore to expand the carrier's fleet. The aircraft is the first of five scheduled for delivery in 2013 as part of a multiple aircraft purchase-and-leaseback transaction with Tiger Airways Holdings.
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New restaurant survey also shows Alberta fastest-growing market, Baby Boomers fastest-growing demographic
MONTREAL (QC) --- Diners could see intensifying price competition and the addition of even more healthy food options to menus over the next year as well as the introduction of novel restaurant concepts, according to a new survey of Canadian foodservice executives. As restaurant visits by families continue to decline, these changes may be centered around demographic shifts brought on by the mass retirement of Baby Boomers.
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Expands 25+ year relationship with GEM parent Polaris
IRVING, TX --- GE Capital's Equipment Finance business has signed a three-year agreement to provide financing for commercial purchases of Global Electric Motorcars (GEM). Owned by Polaris Industries Inc. (NYSE: PII), GEM produces electric low-speed vehicles that are typically used by municipalities, hotels, resorts, and property and facility maintenance departments.
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TOKYO, May 2, 2013 -- GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing and financing arm of GE, announced it has delivered two new Airbus A320 aircraft to Jetstar Japan as part of a purchase-and-leaseback transaction.
Jetstar Japan inaugurated its low-fare domestic service in 2012 and currently operates a fleet of nine Airbus A320 aircraft to five destinations.
Dan Whitney
GE Capital Aviation Services
dan.whitney@ge.com
203-585-2268
203-300-8707
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MISSISSAUGA, ON --- La division canadienne de Financement commercial aux détaillants de GE Capital (CDF) ajoute des ressources dans le but d'appuyer les fabricants et les détaillants canadiens du secteur des équipements agricoles. Grâce à une capacité de crédit accrue et à une équipe de vente expérimentée et élargie, CDF prévoit poursuivre son expansion dans cet important secteur de l'économie.
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MISSISSAUGA, ON --- GE Capital's Commercial Distribution Finance (CDF) business is adding resources to support Canadian manufacturers and dealers of agricultural equipment. Through increased credit capacity and an expanded, experienced sales force, CDF plans to significantly grow its presence in this important sector of the economy.