BETHESDA, MD -- August 9, 2012 --- GE Capital, Healthcare Financial Services announced today that it was sole lender and administrative agent on a $7.5 million senior secured term loan facility for Trimel Pharmaceuticals Corporation (TSX:TRL). The financing will be used for working capital to support ongoing clinical development.
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DUBAI, United Arab Emirates, August 8, 2012 -- GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing and financing arm of GE, signed a purchase and leaseback transaction with Emirates airline for three new Boeing 777-300ER aircraft and seven spare engines.
The first aircraft from the airline's existing order book with Boeing was delivered on May 30. The other aircraft are scheduled for delivery later in 2012. The leaseback of seven spare engines -- four GE90s and three GP7200s -- was successfully completed in June.
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CHICAGO -- GE Capital's Commercial Distribution Finance (CDF) business announced today it will be the strategic floorplan finance provider to Nautic Global Group, Inc. (NGG), a major U.S. boat manufacturer. The jointly developed program is available immediately to all Rinker, Hurricane, Godfrey Pontoon and Polar Kraft dealers in the U.S.
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Extended terms help IT businesses drive profitability
CHICAGO -- GE Capital, Commercial Distribution Finance (CDF) today announced a new distribution finance program that allows HP reseller partners to extend their repayment terms when they buy certain HP products from select distributors.
The new finance program, which is available immediately, offers 60-day interest-free repayment terms to resellers who purchase products through U.S. distributors D&H Distributing, Ingram Micro, Synnex and Tech Data.
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Transmission audio VR mettant en vedette le président de l'Association des détaillants de véhicules récréatifs
Mississauga, ON -- GE Capital, Financement commercial aux détaillants (CDF) a publié ses perspectives sur les industries canadiennes des véhicules récréatifs (VR), sports motorisés et produits nautiques. Dans l'ensemble, le bilan de celles-ci est positif, présentant une croissance en termes de volume et un roulement des stocks relativement sain, malgré certaines variations régionales.
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Audiocast features Recreational Vehicle Dealers Association chairman
MISSISSAUGA, ON -- GE Capital, Commercial Distribution Finance (CDF) has released its outlook for the Canadian recreational vehicle (RV), motorsports and marine industries. In general, each is performing well, with volume growth and relatively healthy inventory turns, in spite of some regional variations.