CHICAGO--(BUSINESS WIRE)--GE Healthcare Financial Services has provided a $320 million senior secured credit facility to Saint Vincent Catholic Medical Centers of New York, one of the largest healthcare systems in the New York Metro area. The financing, which consists of a $50 million revolving credit facility and $270 million real estate based term loan, will support the hospital's exit from Chapter 11 Bankruptcy.
ANA Affinity MasterCard[TM] Offers Customized Rewards Program
STAMFORD, Conn.--(BUSINESS WIRE)--GE Money, the consumer lending unit of General Electric Company (NYSE:GE), and the American Nurses Association (ANA), the largest national nursing association representing the interests of the nation's 2.9 million Registered Nurses (RNs), today announced they will offer an ANA Rewards Platinum MasterCard® credit card to its members and prospective members in the U.S.
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Provident Bank Rewards Platinum MasterCard® and Business MasterCard Offered in Maryland, Virginia & Pennsylvania
STAMFORD, Conn.--(BUSINESS WIRE)--GE Money, the consumer lending unit of General Electric Company (NYSE:GE), and Provident Bank (NASDAQ: PBKS), Maryland's largest independent commercial bank, today announced they will offer a Provident Bank Rewards Platinum MasterCard® and ProductivitySM Card for Business MasterCard to its customers in Maryland, Virginia and Southern York County, PA.
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CHICAGO--(BUSINESS WIRE)--GE Healthcare Financial Services continues to show its commitment to the senior housing industry with a $207 million first mortgage for the Atria Senior Living Group. Louisville-based Atria -- the eighth largest provider of retirement and assisted-living services in the United States -- owns and operates 124 communities in 27 states.
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NORWALK, Conn. & TORONTO--(BUSINESS WIRE)--GE Commercial Finance Corporate Lending, Canada today announced it provided a C$600 million credit facility to Saskatchewan Wheat Pool Inc. (TSX:SWP). The financing replaces current debt and will be used to support ongoing working capital needs. GE Capital Markets arranged the transaction.
Based in Saskatchewan, Canada, Saskatchewan Wheat Pool is one of the country's largest agri-businesses with operations across Western Canada, the United States and Japan.
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Warranty Services Unit to Expand Reach with AppOne Technology
DENVER--(BUSINESS WIRE)--GE Money's Warranty Services division, which provides vehicle service contracts to franchise and independent automobile dealers, today announced a partnership with AppOne, a provider of Internet-based risk mitigation and financial technology to banks, to provide a technology solution that connects independent auto dealers with lenders.
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ISSFA Member Fabricators Provide Revolving and Installment Credit
ST PAUL, Minn.--(BUSINESS WIRE)--GE Money's Sales Finance unit and International Solid Surface Fabricators Association (ISSFA), a non-profit trade association for solid surface and quartz fabricators, today announced a new five-year relationship to provide private label revolving and installment credit options through GE's PROJECTLINESM and PROJECTLOANSM programs.