Trapoil (AIM:TRAP) the independent oil and gas exploration, appraisal and production company focused on the UK Continental Shelf ("UKCS") region of the North Sea is pleased to announce that on 29 January 2013, it entered into a three-year senior secured borrowing base facility agreement of up to US$20 million with an affiliate of GE Energy Financial Services ("the Facility") and associated hedging arrangements with Britannic Trading Limited ("Britannic"), a subsidiary of BP International Limited (the "Oil Price Hedging Arrangements").
NEW YORK & NORWALK, Conn. --- January 30, 2013 --- The Senior Secured Loan Program (SSLP), jointly managed by an affiliate of Ares Capital Corporation and an affiliate of GE Capital, announced today that its total available capital has increased from $7.7 billion to $9.0 billion. In connection with this expansion, GE Capital and an affiliate agreed to make available to the SSLP up to approximately $7.25 billion and Ares Capital agreed to make available to the SSLP up to approximately $1.75 billion.
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BETHESDA, MD -- January 29, 2013 --- GE Capital, Healthcare Financial Services announced today that it is serving as administrative agent on an $8.5 million in senior secured credit facility for TYRX, Inc., consisting of a $7 million term loan and a $1.5 million revolving line of credit. The financing will be used to refinance existing debt, working capital and to support commercialization efforts.
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BETHESDA, MD -- January 28, 2013 --- GE Capital, Healthcare Financial Services announced today it is serving as sole lender and administrative agent on $12 million in senior secured credit facilities for SIGA Technologies, Inc. (NASDAQ: SIGA), consisting of a $5 million term loan and a $7 million revolving line of credit.
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Financing for store acquisitions
SCOTTSDALE, AZ --- GE Capital, Franchise Finance recently provided $4.4 million to Romulus Restaurant Group, an IHOP franchisee for the acquisition of six stores in Oklahoma. The financing was provided through GE Capital's bank affiliate, GE Capital Bank.
"We chose GE Capital, Franchise Finance because of their industry experience and their willingness to work with us," said Chris Milisci, president, Romulus Restaurants. "They structured a deal that really helps us to grow our business."
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Dans un contexte économique fragile, où les banques locales sont de plus en plus réticentes à octroyer des financements, où les filiales étrangères de PME françaises peuvent rencontrer des difficultés à se financer auprès des banques locales, GE Capital Factofrance annonce aujourd'hui le lancement d'Envergure Expansion. Envergure Expansion est la première offre paneuropéenne en matière d'affacturage pour les PME françaises ayant des filiales en Europe.
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Eden Prairie, Minn. -- January 23, 2013 -- GE Capital Fleet Services today announced $460 million in identified customer cost savings for the full year of 2012, with accelerated and optimal replacement analyses cited as the leading areas for savings.
By analyzing customers' fleets to maximize efficiency and reduce costs, GE Capital has identified a total of $1.4 billion in potential savings opportunities for customers in the past four years.