NORWALK, Conn.--14 January 2011-- GE Capital, Corporate Finance today announced it is administrative agent on a $150 million asset-based revolving credit facility for ArchBrook Laguna, an electronics and computer products distributor. The loan refinances and increases an existing credit facility and will be used to support growth and working capital needs. GE Capital Markets served as sole lead arranger. GE Capital, Commercial Distribution Finance also provides the company with inventory financing.
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TEHACHAPI, CA, Jan. 10, 2011 -- GE Energy Financial Services, a unit of GE (NYSE: GE), and Bankers Commercial Corporation, a unit of UnionBanCal Corporation, announced today that they have purchased the first wind farm to start operations in one of the largest wind energy projects in the United States.
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DUBAI, U.A.E., January 10, 2011 -- GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing and financing arm of GE, today announced delivery of a new Airbus A320 aircraft to Saudi Arabian Airlines.
It is the 12th of 15 A320s leased to Saudi Arabian Airlines from GECAS' existing order book with Airbus. Delivery of the aircraft commenced in November 2009.
Dan Whitney
GE Capital Aviation Services
[email protected]
203-585-2268
203-300-8707
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BEIJING, January 4, 2011 -- GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing and financing arm of GE, today announced delivery of a new Boeing 737-800 aircraft to China United Airlines. The delivery comes from GECAS' existing order book with Boeing.
China United operates a fleet of nine aircraft.
Dan Whitney
GE Capital Aviation Services
[email protected]
203-585-2268
203-300-8707
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Sale of $2 billion mortgage business supports GE Capital's strategy to accelerate growth in core businesses
NORWALK, Conn.--24 December 2010-- GE Capital announced today the signing of an agreement whereby Grupo Financiero Santander Mexico will acquire GE's consumer mortgage business in Mexico, encompassing all of its operations, including its $2 billion consumer mortgage portfolio.
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NORWALK, CT-- December 21, 2010 --- GE Capital, Restructuring Finance today announced it is administrative agent for a $200 million debtor-in-possession (DIP) credit facility and a $175 million plan of reorganization (POR) credit facility for Vertis Holdings, Inc., a leading marketing communications company. The financing supports the company's recapitalization under a voluntary pre-packaged Chapter 11 filing and its emergence. GE Capital Markets served as joint lead arranger for the DIP and lead arranger for the POR.
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GEキャピタルは熊本コーヨーブランドでの事業を継続
※熊本コーヨー株式会社と日本GE株式会社の共同プレスリリースです。
熊本コーヨー株式会社（本社：熊本県熊本市、代表取締役社長：安部 英俊、以下「熊本コーヨー」）は、2010年11月30日、同社の主要なリース事業とリース資産を日本GE株式会社 GEキャピタル（本社：東京都港区、代表取締役社長兼CEO：安渕聖司、以下「GEキャピタル」）に譲渡する契約を締結し、本日開催の臨時株主総会において承認を得ました。上記譲渡の完了は2011年3月末（一部 同年5月末）を予定しています。
GEキャピタルは、「熊本コーヨー」のブランド名を冠した営業部門を設置し、熊本コーヨー出身のスタッフを含めた営業態勢を維持して、これまで同様のサービスはもちろんのこと、GEグループの強みを活かした付加価値の高いご提案でお客さまの様々な事業ニーズに最適な金融サービスをご提供してまいります。
また、GEキャピタルは、熊本コーヨーの設立母体である熊本ファミリー銀行のお客さま向けのリース取引ニーズについても同様のサービスをご提供できるよう、熊本ファミリー銀行と業務提携をする予定です。
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NORWALK, Conn.--16 December 2010-- GE Capital Media, Communications & Entertainment today announced that it will serve as Administrative Agent for a new $230MM senior secured credit facility for Lightower Fiber Networks, a leading fiber network and broadband service provider in the Northeast. GE Capital Markets served as lead left bookrunner on the transaction, which closed November 30, 2010.