BELLEVUE, Wash.--(BUSINESS WIRE)--Aug. 10, 2005--Long's Jewelers is well on its way to standing alone among jewelry retailers in New England -- literally.
9 August 2005
GE Commercial Finance Global Media
BELLEVUE, Wash.--(BUSINESS WIRE)--Aug. 10, 2005--Long's Jewelers is well on its way to standing alone among jewelry retailers in New England -- literally.
NORWALK, Conn.--(BUSINESS WIRE)--Aug. 8, 2005--GE Commercial Finance Technology Lending, a unit of Global Media & Communications, today announced that it has appointed Paul Lee to the position of vice president, origination. He will be responsible for originating and maintaining client relationships within the technology sector, and will report to John Kinnaman, managing director, GE Commercial Finance Technology Lending.
SALT LAKE CITY--(BUSINESS WIRE)--Aug. 4, 2005
While studies show budgets for corporate meetings and events to be on the rise, so is the need to track and control expenditures. GE Consumer Finance's Corporate Payment Services unit has developed a suite of payment solutions for corporate meeting planners. The different options provide increased control and streamlined accounting for complex, large-budget events.
NORWALK, Conn.--(BUSINESS WIRE)--Aug. 3, 2005--GE Commercial Finance Corporate Lending, along with Morgan Stanley Senior Funding Inc. and Marathon Asset Management, announced today that it has provided a $230 million debtor-in-possession financing facility for Allied Holdings, Inc. in conjunction with its voluntary filing for reorganization under Chapter 11 of the U.S. Bankruptcy. The facility is structured as a $130MM revolving credit facility, $20MM term A loan and $80MM term B loan.
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NORWALK, Conn.--(BUSINESS WIRE)--Aug. 3, 2005--GE Commercial Finance's Global Media & Communications business announced that it has provided $14 million in senior secured financing for Coast Radio Company, Inc. GE served as sole lender for the transaction, which closed on July 29, 2005.
NORWALK, Conn.--(BUSINESS WIRE)--Aug. 2, 2005--GE Commercial Finance Technology Lending, a unit of GE Commercial Finance Global Media & Communications, today announced that it has named John Kinnaman as managing director. In this capacity, he will oversee transactions for companies within the technology sector, including clean energy, communications infrastructure, electronics, hardware, information technology, internet services, semiconductor and software.
KANSAS CITY, Mo.--(BUSINESS WIRE)--July 29, 2005--GE Insurance Solutions (NYSE:GE) today announced that it has donated nearly $600,000 to non-profit organizations in 2005, through its many companies. The donations include $450,000 in direct program grants to non-profit organizations and $150,000 to organizations through event sponsorship.
ST. PAUL, Minn.--(BUSINESS WIRE)--July 27, 2005
The Retail Sales Finance unit of GE Consumer Finance announced today that it has signed a five-year agreement with Carvin Music to provide private label credit card services to its customers.
Carvin Music, headquartered in San Diego, Calif., is a manufacturer and retailer of custom guitars, amplifiers and professional audio equipment.
NORWALK, Conn.--(BUSINESS WIRE)--July 26, 2005--GE Commercial Finance, Commercial & Industrial Finance (CIF) today announced the appointment of Dennis Krause as Industry Leader for the food, beverage and agriculture marketplaces. Today's announcement is part of an ongoing initiative to align CIF's go-to-market resources with the fastest growing financing opportunities, industry-by-industry.
