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Press Release

GE Capital Aviation Services Delivers Three New Leased Airbus A320s to Middle East Airlines

September 06, 2012

DUBAI, United Arab Emirates, September 7, 2012 -- GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing and financing arm of GE, announced the delivery of a third new Airbus A320 to Lebanon's Middle East Airlines.

The two previous aircraft were delivered in May and June to expand the airline's fleet. Middle East Airlines currently operates a fleet of 17 aircraft to destinations in Africa, Europe, the Gulf region and the Middle East. It is a member of the SkyTeam alliance.


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Press Release

GE Capital is Co-collateral Agent on $1.65 Billion Asset-Based Credit Facility for SUPERVALU INC.

September 05, 2012

NORWALK, Conn.--05 September 2012--GE Capital, Corporate Retail Finance today announced it is co-collateral agent on a $1.65 billion asset-based credit facility for SUPERVALU INC., a leading national grocery and pharmacy retailer.


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Press Release

GE Capital, Franchise Finance Provides $15 Million to Summit Hotel Properties

September 05, 2012

Refinances Courtyard® and Springhill Suites® by Marriott hotels

SCOTTSDALE, Ariz.--05 September 2012-- GE Capital, Franchise Finance recently provided $15 million to Summit Hotel Properties, Inc. The funding provides $9.75 million for a Courtyard® by Marriott and $5.25 million for a Springhill Suites® by Marriott to refinance existing debt on the two hotels.


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Press Release

GE Capital boosts Reflex Group's ambitious growth plans

September 05, 2012

GE Capital providesd a £10.75m Asset Based Lending facility to Reflex Group

£10.75m financing package for the UK's fastest growing label manufacturer

London, 05 September 2012: GE Capital today announces that it has provided a £10.75m Asset Based Lending (ABL) facility to Reflex Group, a leading manufacturer of product labels, to support the company with its future growth ambitions.


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Press Release

GE Capital, Franchise Finance Provides $20 Million to Temple REIT to Acquire Hotel in West Edmonton, Alberta

September 04, 2012

MONTREAL (QC), Sept. 4, 2012 - GE Capital, Canada's Franchise Finance business announced today that it has provided a $20 million senior term loan facility to Temple Real Estate Investment Trust (TSX Venture: TR.UN) to support the acquisition of the Hilton Garden Inn located in West Edmonton, Alberta.

The six-story, 160-room hotel is located near Edmonton's West End Business District as well as the West Edmonton Mall, the city's top tourist destination.


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Press Release

GE Capital, Financement de franchises accorde 20 millions $ à Temple REIT pour l'acquisition d'un immeuble à West Edmonton, en Alberta

September 04, 2012

MONTRÉAL (QC), le 4 septembre 2012 - GE Capital, Financement de franchises, Canada a annoncé aujourd'hui qu'elle a accordé une facilité de prêt à terme de 20 millions $ à Temple Real Estate Investment Trust (TSX Venture: TR.UN) afin d'appuyer l'acquisition du Hilton Garden Inn situé à West Edmonton, en Alberta.

L'hôtel de six étages, qui compte 160 chambres, est situé près du quartier des affaires West End, à Edmonton, de même qu'à proximité du West Edmonton Mall, la destination touristique principale de la ville.


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Press Release

Solic sécurise son développement grâce à la mise en place d'une solution alternative de financement de son poste clients proposée par GE Capital

September 04, 2012

En septembre 2008, Solic, à l'image d'autres PME françaises, subit de plein fouet la crise, suite à la chute de Lehman Brothers. L'entreprise, après avoir validé un plan de continuation, recherche des solutions de financement pour assurer sa phase de redressement. Une solution d'affacturage alternative est rapidement trouvée auprès de GE Capital.

La chute de Lehman Brothers entraîne Solic dans la tourmente


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Press Release

GE Capital is Administrative Agent on a $150 Million Credit Facility to Support Combination of Golf Town and Golfsmith

August 30, 2012

NORWALK, Conn.--30 August 2012-- GE Capital today announced it is serving as administrative agent on a $150 million senior secured credit facility to support the combination of Golf Town and Golfsmith. The combined business operates under the name Golfsmith International and creates the world's largest golf specialty retailer.


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Press Release

Countdown partners with GE Capital to launch Visa credit card

August 28, 2012

Countdown today announced that it has signed an alliance agreement with GE Capital to launch a credit card to New Zealand consumers.

Countdown Managing Director, Dave Chambers, said the credit card market was a logical entry point for the supermarket retailer into the financial services sector.

Mr Chambers said more than 80 million payment card transactions were processed through Countdown stores each year.


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Press Release

GE Demonstrates Energy Market Expertise with $107 Million Refinancing of Two Midwest Peaker Power Plants

August 28, 2012

CRETE, Ill., August 28, 2012 -- Demonstrating its energy market expertise, GE unit (NYSE: GE) GE Energy Financial Services has served as lead arranger of an approximately $107 million senior secured credit facility for two Illinois gas-fired peaker plants, managed by Tenaska Capital Management, LLC (TCM), an affiliate of Tenaska, one of the largest U.S. independent power producers. The transaction will allow TCM to refinance debt facilities for the plants, which use 12 GE 7EA gas turbines and are located in Crete and Manhattan.


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