ST. PAUL, Minn.--(BUSINESS WIRE)--June 21, 2006--GE Consumer Finance's Retail Sales Finance unit today announced a new multi-year agreement with Owens Corning (OTCBB:OWENQ) to provide roofing contractors with comprehensive and flexible financing programs for their homeowner customers as part of the Owens Corning Preferred Contractor Program.
CHICAGO--(BUSINESS WIRE)--June 21, 2006--GE Antares Capital today announced that it has provided a senior credit facility of $87.5 million to Electrograph Systems, Inc. ("ESI"), a portfolio company of Caxton-Iseman Capital, Inc. ("Caxton"), to support Electrograph's previously announced acquisition of International Computer Graphics, Inc. ("ICG"). GE Capital Markets is acting as sole lead arranger for the $87.5 million first-lien credit facility.
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ST. PAUL, Minn.--(BUSINESS WIRE)--June 18, 2006--GE Consumer Finance's Retail Sales Finance unit today announced a new multi-year partnership with Classic Metal Roofing Systems to provide its customers with installment and revolving financing options. The program was recently launched to Classic Metal Roofing's authorized network of 66 independent dealers.
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NORWALK, Conn.--(BUSINESS WIRE)--June 14, 2006--GE Commercial Finance - Global Media & Communications announced today that it has closed a deal to provide $30 million in financing to Consolidated Theatres, a movie theater chain with screens in the Southeast and Mid-Atlantic states. GE is serving as the syndication agent in the deal worth a total of $60 million.
The financing will primarily be used by Consolidated Theatres to execute its growth plan, which includes the opening of new stadium-seating megaplex theaters.
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NORWALK, Conn.--(BUSINESS WIRE)--June 14, 2006--GE Antares Capital today announced it is the administrative agent for a $61.5-million credit facility to support the acquisition of YAXTRAX(R) by Implus Footcare, LLC, a portfolio company of FdG Associates. GE Capital Markets served as the sole lead arranger for the credit facility.
Implus' strategic acquisition of YAKTRAX will enable the company to rapidly expand its market position through its global sales, distribution and marketing platform.
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NORWALK, Conn.--(BUSINESS WIRE)--June 14, 2006--GE Commercial Finance - Global Media & Communications announced today that it has closed a deal to provide $30 million in financing to Consolidated Theatres, a movie theater chain with screens in the Southeast and Mid-Atlantic states. GE is serving as the syndication agent in the deal worth a total of $60 million.
The financing will primarily be used by Consolidated Theatres to execute its growth plan, which includes the opening of new stadium-seating megaplex theaters.
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NORWALK, Conn.--(BUSINESS WIRE)--June 14, 2006--GE Antares Capital today announced it is the administrative agent for a $61.5-million credit facility to support the acquisition of YAXTRAX(R) by Implus Footcare, LLC, a portfolio company of FdG Associates. GE Capital Markets served as the sole lead arranger for the credit facility.
Implus' strategic acquisition of YAKTRAX will enable the company to rapidly expand its market position through its global sales, distribution and marketing platform.
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ST. PAUL, Minn.--(BUSINESS WIRE)--June 12, 2006--GE Consumer Finance's Retail Sales Finance unit today announced a new multi-year agreement with Thunder Mountain Custom Cycles to provide revolving and installment consumer financing programs for the Colorado-based company's dealers across the United States.
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NORWALK, Conn.--(BUSINESS WIRE)--June 12, 2006--GE Commercial Finance - Global Media & Communications today announced that JP Marchette has been appointed to the position of senior vice president, Technology Lending origination, based in the Boston office located at One Beacon Street. He will be focused on expanding Technology Lending's presence in Boston and the East Coast regional market.
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NORWALK, Conn.--(BUSINESS WIRE)--June 12, 2006--GE Antares Capital today announced it is the sole lead lender on a C$25-million senior credit facility to provide Wellspring Capital Management with working capital to support the growth of its portfolio company, Neucel Specialty Cellulose Ltd. The asset-based financing is a revolving credit facility.