ST. PAUL, Minn.--(BUSINESS WIRE)--Sept. 6, 2006--To better address the market for garage storage and garage cabinets, expected to reach over $1.5 billion by 2009(a), GE Money's Retail Sales Finance unit and Slide-Lok, a leading provider of garage interiors and manufacturer of garage storage cabinets, today announced a new consumer credit program for Slide-Lok's 100-plus garage storage and garage cabinet dealers nationwide. The new program is available this month.
Reinaldo Garcia, President & CEO of GE Healthcare International, spoke at Goldman Sachs' Healthcare Conference in London highlighting GE's vision, position and innovations in healthcare.
Reinaldo Garcia, President & CEO of GE Healthcare International, spoke at Goldman Sachs' Healthcare Conference in London highlighting GE's vision, position and innovations in healthcare.
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NORWALK, Conn.--(BUSINESS WIRE)--Sept. 5, 2006--GE Commercial Finance - Global Media & Communications today announced that it and its affiliates have committed $100 million as part of the $2.09 billion senior secured facility for Cedar Fair, L.P., a major owner and operator of regional amusement parks in North America. The financing is for Cedar Fair's acquisition of Paramount Parks and the refinancing of the partnership's existing senior secured debt facility. GE is the Administrative Agent for the Canadian portion of the facility and Co-Documentation Agent for the entire facility.
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CHICAGO--(BUSINESS WIRE)--Aug. 31, 2006--GE Antares Capital today announced its role as administrative agent for a $56.5 million senior credit facility to support Transportation Resource Partners ("TRP") in their acquisition of National Powersport Auctions ("NPA"). GE Capital Markets is serving as sole lead arranger for the credit facility.
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NORWALK, Conn.--(BUSINESS WIRE)--Aug. 7, 2006--GE Commercial Finance - Global Media & Communications announced today that it has provided California-based radio broadcaster Lazer Broadcasting with a $23 million senior secured credit facility. The new facility, consisting of a term loan and a revolver, will be used primarily for acquisitions and business expansion. Lazer is a Spanish language radio broadcasting company with 17 stations in 10 markets, after starting with a single station in 1991.
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NORWALK, Conn.--(BUSINESS WIRE)--July 24, 2006--GE Commercial Finance - Global Media & Communications announced today that it has closed $182 million in senior secured and mezzanine financing for NewWave Communications, a cable television, high speed internet and digital telephone service provider primarily serving Kentucky, Illinois, Missouri and Tennessee.
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STAMFORD, Conn. & SAN DIEGO--(BUSINESS WIRE)--July 21, 2006--Expanding its investments in oilfield services, GE Energy Financial Services announced today that through its affiliates, it has provided a total of US $175 million to three Canadian companies. The transactions with High Arctic Energy Services Trust, Western Lakota Energy Services and Production Enhancement Group were announced today at the Association of Energy Service Companies 50th Annual conference in San Diego.
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ST. PAUL, Minn.--(BUSINESS WIRE)--July 18, 2006--
Consumer Finance Unit Supports GE Manufacturing Unit
GE Money's Retail Sales Finance unit today announced a multi-year agreement to provide revolving consumer credit to retailers who sell water treatment products manufactured by GE Water & Process Technologies. The financing will be offered through GE Money's industry-wide AquaVantage program.
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CHICAGO--(BUSINESS WIRE)--July 17, 2006--GE Antares Capital today announced its role as administrative agent for a $37.5 million senior credit facility to support Century Park Capital Partners' acquisition of Eckler Industries, Inc. ("Eckler's").
GE Antares has served as administrative agent for Eckler's for several years and provided a staple-on financing to support the recent sale of Eckler's. GE Capital Markets serves as the sole lead arranger for the credit facility.