BETHESDA, MD -- FEB. 26, 2014 --- GE Capital, Healthcare Financial Services, announced today that it has recently provided a $2.5 million senior secured credit facility to SynGen, Inc., a medical device company with a 510(k) approved bench-top system for isolating stem cells from umbilical cord blood, peripheral blood and bone marrow. GE Capital, Healthcare Financial Services is acting as administrative agent for the credit facility.
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CHICAGO, IL --- GE Capital, Commercial Distribution Finance (CDF) announced today that it will provide financing to information technology (IT) solution providers that are part of the AT&T Partner Exchange(SM) reseller program. The program helps solution providers create custom solutions for their business customers by bundling AT&T's advanced mobility, cloud and IP networking solutions with hardware, software and managed services.
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DUBLIN, Ireland, 25 February 2014 -- GE Energy Financial Services, a unit of GE (NYSE: GE), announced today it has made its first equity investment in Ireland's wind power market by acquiring two wind farm construction projects that will be powered by the GE's flagship 2.85MW wind turbines. With a combined capacity of 51 megawatts, the wind farms, acquired from Element Power and now under construction, will help Ireland meet its renewable energy generation targets, produce power for thousands of homes, and reduce electricity costs for Irish consumers.
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SHANNON, Ireland, February 25, 2014 -- GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing and financing arm of GE, today announced delivery of a leased Airbus A320 to the Spanish start-up airline Evelop Airlines.
Evelop Airlines is owned by the Spanish leisure travel group Barceló and currently operates three aircraft from destinations in Europe to the Canary and Balearic Islands and serves outbound passengers from Spain to the Caribbean.
GECAS News
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- Agent on 170 senior secured loans to corporate borrowers across 90 private equity firms
- Expanded value-added programs through customer technology partnerships with GE R&D
CHICAGO --- Feb. 19, 2014 --- GE Antares, a unit of GE Capital, announced today it closed more than 170 senior loan transactions with corporate borrowers across 90 private equity firms, totaling over $13 billion in financing in 2013 and retaining its position as the most active lender to PE-backed middle market companies.
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NORWALK, CT -- February 18, 2014 -- GE Capital, Corporate Finance today announced it is serving as administrative and collateral agent on $600 million in senior credit facilities for auction house Sotheby's, (NYSE: BID) . The financing will be used for working capital and general corporate purposes. GE Capital Markets served as joint lead arranger and joint book runner on the facilities.
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Realized Savings of $209 Million Achieved Primarily Through Replacement and Leasing Strategies
Eden Prairie, Minn. -- February 18, 2014 -- GE Capital Fleet Services today announced it identified $481 million in potential cost savings for customers in 2013, with customers realizing $209 million in actual savings as a result. By analyzing customer fleet data, GE Capital Fleet Services highlights areas for savings and has identified $1.2 billion potential savings opportunities for customers since 2011.