NORWALK, Conn. & HONG KONG--(BUSINESS WIRE)--Sept. 12, 2006--GE Commercial Finance - Global Media & Communications today announced that it has committed $20 million to Xinhua Finance Limited (XFL) as part of a broader $70 million facility to be used by the company for acquisitions and debt refinancing. XFL is a leading provider of China's indices, ratings, financial news, investor relation services, financial information and media services.
STAMFORD, Conn.--(BUSINESS WIRE)--Sept. 10, 2006--GE Money, the global consumer lending unit of General Electric Company, announced today the appointment of Mike Cutter to president and CEO of GE Money -- Australia & New Zealand. Cutter succeeds Thomas C. Gentile, who was recently appointed as SVP Global Marketing for GE Money. Cutter will report directly to David R. Nissen, president and CEO of GE Money.
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CHICAGO--(BUSINESS WIRE)--Sept. 6, 2006--GE Antares today announced it is serving as the administrative agent for $38 million senior secured credit facilities to support the acquisition of SafeWorks LLC ("SafeWorks") by Wynnchurch Capital ("Wynnchurch"). GE Capital Markets is serving as lead arranger of the facility.
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NORWALK, Conn.--(BUSINESS WIRE)--Sept. 6, 2006--GE Commercial Finance - Global Media & Communications today announced that it has served as administrative agent on a $70 million facility to support Orange Broadband's acquisition of 44,000 subscribers in New Mexico, Colorado, Nevada and Utah as a result of Charter Communications' recent systems sale. Charlotte, N.C.-based Orange Broadband operates cable television systems that offer video and high-speed data services to residential and commercial customers.
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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.
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CHICAGO--(BUSINESS WIRE)--Sept. 6, 2006--GE Antares today announced it is serving as the administrative agent for $38 million senior secured credit facilities to support the acquisition of SafeWorks LLC ("SafeWorks") by Wynnchurch Capital ("Wynnchurch"). GE Capital Markets is serving as lead arranger of the facility.
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NORWALK, Conn.--(BUSINESS WIRE)--Sept. 5, 2006--GE Commercial Finance - Global Sponsor Finance, a leading provider of leveraged lending solutions to private equity-backed companies, today announced the hiring of Alan Aria as Managing Director and Melanie Brensinger as Senior Vice President.
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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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NORWALK, Conn.--(BUSINESS WIRE)--Sept. 5, 2006--GE Commercial Finance - Global Sponsor Finance, a leading provider of leveraged lending solutions to private equity-backed companies, today announced the hiring of Alan Aria as Managing Director and Melanie Brensinger as Senior Vice President.
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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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