VERNAL, Utah & STAMFORD, Conn.--(BUSINESS WIRE)--GE Energy Financial Services announced today that it served as lead arranger and sole book runner for a $155 million senior secured credit facility for Dalbo Holdings, Inc., a provider of water-based fluid transportation, water storage tank rental and fluid disposal services to oil and gas exploration sites in northeastern Utah and northwestern Colorado.
DANBURY, Conn.--(BUSINESS WIRE)--In a move that enhances its growing role in equipment financing to the marine industry, GE Capital Solutions said today it acquired CitiCapital's Marine Finance division, an Irving, Texas unit of Citigroup.
CitiCapital Marine finances and leases commercial workboats and passenger vessels in U.S. and Canadian waters and the Gulf of Mexico.
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SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Coming out on top in a highly competitive request for proposal (RFP), GE Capital Solutions, Franchise Finance acquired a franchise loan portfolio owned by Textron Financial Corporation, a Textron Inc. (NYSE: TXT) company. Impressed by the growth opportunities included in the portfolio, GE Capital Solutions, Franchise Finance acquired 16 borrower groups and 53 loans. Terms of the deal were withheld.
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NORWALK, Conn.--(BUSINESS WIRE)--GE Commercial Finance -- Global Media & Communications today announced that it has served as administrative agent for a $275 million credit facility for MultiCultural Radio Broadcasting, Inc. (MRBI). GE Capital Markets served as sole lead arranger of the facility, which closed on December 18.
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NORWALK, Conn.--(BUSINESS WIRE)--GE Commercial Finance -- Global Media & Communications today announced that it has served as administrative agent for a $275 million credit facility for MultiCultural Radio Broadcasting, Inc. (MRBI). GE Capital Markets served as sole lead arranger of the facility, which closed on December 18.
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CHICAGO--(BUSINESS WIRE)--GE Antares today announced it is serving as syndication agent for a $275 million senior secured credit facility to support the acquisition by Best Brands (the "Company") of Telco Food Products Inc., and Brantley Partners' recapitalization of the Company. GE Capital Markets and RBS Securities Corporation serve as joint lead arrangers and joint bookrunners.
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CHICAGO--(BUSINESS WIRE)--GE Antares today announced it is serving as syndication agent for a $275 million senior secured credit facility to support the acquisition by Best Brands (the "Company") of Telco Food Products Inc., and Brantley Partners' recapitalization of the Company. GE Capital Markets and RBS Securities Corporation serve as joint lead arrangers and joint bookrunners.
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NORWALK, Conn.--(BUSINESS WIRE)--GE Commercial Finance -- Corporate Lending today announced that it has provided a $170 million cash flow credit facility to ClientLogic, a leading business process outsourcing provider. The loan will be used for recapitalization and working capital needs. GE Capital Markets arranged the transaction.
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NORWALK, Conn.--(BUSINESS WIRE)--GE Commercial Finance -- Corporate Lending today announced that it has provided a $170 million cash flow credit facility to ClientLogic, a leading business process outsourcing provider. The loan will be used for recapitalization and working capital needs. GE Capital Markets arranged the transaction.