NORWALK, CT -- July 22 , 2013 -- GE Capital, Corporate Finance today announced it provided a $76.8 million asset-based credit facility to Pacific Coast Feather Company, a leading manufacturer and distributor of high quality basic bedding products. The loan was used to refinance existing debt and to support ongoing working capital needs.
BEIJING, July 11, 2013 -- GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing and financing arm of GE, announced delivery of a leased Airbus A320 to new customer Tianjin Airlines to expand the carrier's fleet. Tianjin Airlines operates a fleet of more than 75 aircraft to some 60 destinations in China.
GECAS was the first commercial aircraft lessor in China and currently leases aircraft to 23 different Chinese customers, including Tianjin. GECAS maintains a strong local presence with established offices in Beijing, Hong Kong and Shanghai.
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GE Capital today announced it had provided McWilliam's Wines Group Ltd, one of the largest wine companies in Australia, with a $55 million financing facility.
The five-year facility provides McWilliam's Wine Group scope to grow and to further consolidate its position as an end-to-end wine business spanning grape sourcing, winemaking and sales to major retailers, wholesalers and consumers across Australia and globally.
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Toronto, Ontario, et Norwalk, Connecticut, le 28 juin 2013 -- Services financiers Élément (TSX : EFN) (« Élément » ) et GE Capital (« GE Capital ») ont conclu aujourd'hui la transaction d'achat d'actifs annoncée précédemment, par laquelle Élément a fait l'acquisition du portefeuille canadien de services de gestion de parcs de véhicules de GE Capital, et les deux entreprises ont formé une alliance stratégique afin d'offrir un large éventail de services de financement et de gestion de véhicules à leurs clients transfrontaliers au Canada et aux États-Unis.
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Toronto, Ontario, & Norwalk, Connecticut June 28, 2013 - Element Financial Corporation (TSX:EFN) ("Element" ) and GE Capital ("GE Capital") closed the previously announced asset purchase transaction today through which Element has acquired GE Capital's Canadian fleet portfolio and the two companies have formed a strategic alliance to deliver comprehensive vehicle fleet financing and management services to cross-border customers in Canada and the United States.