Fleets have "tightened up" car choice lists, research shows Industry in cost-cutting mode, GE Capital's latest Company Car Trends report finds:
Sale, Manchester, 26th July 2012: A general "tightening up" of company car choice lists has taken place since the start of 2011, according to the latest quarterly Company Car Trends research from GE Capital's Fleet Services division.
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Reduction from 152g/km to 123g/km with 120g/km expected soon
Manchester, September 2012: Water and environmental specialist MWH Treatment has reduced its average UK fleet CO2 from 152g/km to 123g/km with the help of GE Capital's Fleet Services division.
The company, which runs 310 company cars, expects to reduce this figure further to below 120g/km by 2013 and has also implemented a successful range of cost efficiency measures under GE's guidance.
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STAMFORD, Conn., September 10, 2012 -- GE Capital Aviation Services (GECAS), the commercial aircraft leasing and financing arm of GE, announced it has signed agreements to lease nine Airbus A319 aircraft to Allegiant Air to expand the carrier's current fleet. All nine aircraft are powered with CFM56-5B engines.
The first aircraft is scheduled for delivery to Allegiant in November 2012, with the remaining scheduled for delivery through 2015.
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MONTREAL (QC), 7 septembre 2012 -- La division de Financement de franchises de GE Capital Canada a annoncé aujourd'hui qu'elle a accordé à Groupe Restaurants Imvescor Inc. (Imvescor) un prêt à terme de 37,1 millions $. Les fonds serviront à refinancer toutes les facilités de crédit garanties d'Imvescor, y compris les prêts prioritaires de GE Capital. La nouvelle structure de dette permettra également à Imvescor de bénéficier d'une flexibilité additionnelle afin de rembourser sa dette subordonnée existante.
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MONTREAL (QC), Sept. 7, 2012 - GE Capital, Canada's Franchise Finance business announced today that it has provided Imvescor Restaurant Group Inc. (IRG) with a $37.1 million term loan. IRG will use the funds to refinance all of its outstanding secured debt facilities, including senior loans from GE Capital. The new debt structure also provides IRG with additional flexibility to pay down its outstanding subordinated debt.
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NORWALK, Conn.--07 September 2012-- GE Capital, Corporate Finance today announced it is administrative agent on a $75 million asset-based credit facility for Acme Lift Company, LLC, a leading wholesale rental company for aerial work platform equipment. The loan will be used to refinance existing debt and support future growth. GE Capital Markets served as sole bookrunner.