SHANNON, IRELAND August 19, 2009. -- GE Capital Aviation Services (GECAS) today announced the delivery of a new Airbus A320-200 to Wizz Air to help the carrier's fleet expansion. GECAS acquired the aircraft (serial number 3968) through a purchase and leaseback transaction with the airline. The aircraft is part of an existing order agreement between Wizz Air and Airbus.
About GE Capital Aviation Services (GECAS)
NORWALK, CT-- August 17, 2009 --- GE Capital, Corporate Finance today announced it provided $150 million as part of a $1 billion revolving asset-based credit facility for Smithfield Foods, Inc. (NYSE: SFD), the world's largest pork processor and hog producer. As previously announced by Smithfield Foods, the loan is a part of the company's ongoing debt restructuring efforts. GE Capital Markets served as joint-bookrunner.
* Operating profit[1] in the first half of 2009 exceeded CZK 2.9 billion, a year-on-year increase of 13.5%
* Clients' deposits grew by 56% over the prior year, to CZK 102.1 billion
* Loans to clients exceeded CZK 100 billion for the first time, up 17.8% on prior year
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NEW YORK--05 August 2009-- Peacock Equity, a joint investment fund of GE Capital's Media, Communications & Entertainment business and NBC Universal, today announced the addition of two new members to its board of directors. The additions are Lauren Zalaznick, president of NBC Universal Women and Lifestyle Entertainment Networks, and Jessica Schell, Senior Vice President, NBC Universal Digital Strategy and Business Development. Ben Silverman, who recently announced that he is leaving NBCU, is resigning from the Peacock board.
Sales Finance Unit to Provide Consumer Financing Program for Consumer Electronics Retailer
GE Money and ABC Warehouse, a leading consumer electronics and appliance retailer, today announced a multi-year agreement to provide consumer financing through the company's store locations and online stores.
BETHESDA, MD-- July 29, 2009 --- GE Capital, Healthcare Financial Services today announced it was administrative agent on a $25 million revolving line of credit for AccessOne MedCard, Inc. The loan will be used to refinance existing debt and to support growth initiatives. GE Capital Markets served as sole lead arranger and sole bookrunner.
Sales Finance unit to provide consumer financing to leading Caribbean retailer
GE Money and Rooms To Go - Puerto Rico today announced a multi-year agreement to provide consumer financing through the home furnishing retailer's six locations on the island.
The Rooms To Go Credit Card, issued through GE Money's Sales Finance unit, provides flexible financing promotions and extended terms, including no-interest periods of up to 60 months.
