MUNICH, Germany--(BUSINESS WIRE)--May 31, 2006--With possible seating capacity of up to 850 people, the Airbus A380 is increasing the aviation insurance industry's hull and liability exposure, according to an article in the latest issue of EXPOSURE, which is published by GE Insurance Solutions.
STAMFORD, Conn.--(BUSINESS WIRE)--May 30, 2006--GE Consumer Finance, a unit of General Electric Company (NYSE:GE), today announced a relationship with eBay Inc. and PayPal Inc. to launch the new PayPal(R) Plus Credit Card, a MasterCard credit card featuring an exciting new rewards program exclusive for PayPal users. Additionally, PayPal Plus customers receive extended purchase protection for purchases made via the PayPal Web site, access to special financing offers, and the convenience of integrated online account management and alerts.
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NORWALK, Conn.--(BUSINESS WIRE)--May 25, 2006--GE Antares Capital today announced it is the administrative agent on a $75-million credit facility to support the acquisition of Delta Educational Systems by Gryphon Colleges Corporation, a portfolio company owned by Gryphon Investors. GE Capital Markets and Merrill Lynch Capital served as co-lead arrangers and joint bookrunners.
The facility consists of a $55-million term loan and a $20-million revolver.
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NORWALK, Conn.--(BUSINESS WIRE)--May 23, 2006--GE Antares Capital today announced it is the agent for a $72-million credit facility to support the acquisition of PHI by The Hygenic Corp., a portfolio company of Baird Capital Partners ("Baird"). GE Capital Markets served as the sole lead arranger for the credit facility.
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NORWALK, Conn.--(BUSINESS WIRE)--May 23, 2006--GE Antares Capital today announced it is the agent for a $72-million credit facility to support the acquisition of PHI by The Hygenic Corp., a portfolio company of Baird Capital Partners ("Baird"). GE Capital Markets served as the sole lead arranger for the credit facility.
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AVON, Conn.--(BUSINESS WIRE)--May 22, 2006--So what would you do? You have a group of VIP donors in for a tour of a state-of-the-art new research facility built with their donations. You have dozens of researchers and faculty members picking up and moving to a new city to begin work on an exciting new research project. You just learned your grant money may be in jeopardy if you can't start the project in the next six months.
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NORWALK, Conn.--(BUSINESS WIRE)--May 18, 2006--GE Antares Capital today announced that it is the lead arranger of a $143 million senior debt facility for the recapitalization of Augusta Sportswear Group in connection with the acquisition of Holloway Sportswear. Augusta Sportswear Group is an existing portfolio company of Linsalata Capital Partners.
Augusta and Holloway are leading manufacturers and distributors of athletic apparel, outerwear and sportswear in the sporting goods, team dealer, decorator and college bookstore markets.
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STAMFORD, Conn. & ANKARA, Turkey & TYNAGH, County Galway, Ireland--(BUSINESS WIRE)--May 18, 2006--GE Energy Financial Services announced today that it has agreed to acquire a 40 percent interest in Ireland's newest and most efficient natural gas-fired power plant, subject to customary closing conditions.
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NORWALK, Conn.--(BUSINESS WIRE)--May 18, 2006--GE Antares Capital today announced that it is the lead arranger of a $143 million senior debt facility for the recapitalization of Augusta Sportswear Group in connection with the acquisition of Holloway Sportswear. Augusta Sportswear Group is an existing portfolio company of Linsalata Capital Partners.
Augusta and Holloway are leading manufacturers and distributors of athletic apparel, outerwear and sportswear in the sporting goods, team dealer, decorator and college bookstore markets.