CHICAGO -- GE Capital, Corporate Finance today announced it is providing auction house Sotheby's (NYSE: BID) with $850 million in senior credit facilities. The new facilities include a $250 million credit line increase and will be used for general working capital and to support the company's business strategy. GE Capital Markets served as joint lead arranger and joint book runner on the facilities.
CHICAGO --- GE Antares, a unit of GE Capital, announced today it served as administrative agent on a $315 million senior secured credit facility to support the acquisition of The Home Décor Companies by Nielsen & Bainbridge, LLC, a portfolio company of Kohlberg & Company and GE Antares borrower. GE Capital Markets served as joint lead arranger and joint bookrunner on this facility.
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SHANNON, Ireland, August 25, 2014 -- GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing arm of GE, today announced delivery of a leased Airbus A320 aircraft to its new airline customer VietJet Air.
VietJet Air, a private, low-cost carrier, operates a fleet of 15 aircraft to destinations in Vietnam as well as Singapore, South Korea and Thailand.
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Opens fleet access to a growing network of CNG filling stations in key markets
Eden Prairie, Minn. -- GE Capital Fleet Services today announced an agreement with VNG.co, a national CNG fueling facility provider, to support the expansion of the CNG refueling infrastructure for light-duty fleet vehicles.
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SHANNON, Ireland, August 21, 2014 -- GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing arm of GE, today announced completion of a purchase-and-leaseback transaction with Philippine Airlines involving a new Airbus A330-300 aircraft.
Philippine Airlines, the flag carrier of the Philippines, operates a fleet of some 50 aircraft to more than 40 destinations.
GECAS News
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CHICAGO -- After a slow start resulting from a harsh winter and cold spring, the recreational marine industry is experiencing accelerated growth, says GE Capital, Commercial Distribution Finance (CDF). Retail and wholesale sales are up versus a year ago in the U.S., and the industry is on track to reach the 8% growth in retail dollar sales originally forecast in February by CDF at the Miami Boat Show.
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NORWALK, CT, Aug. 13, 2014 --- GE Capital's Telecom, Media and Technology (TMT) financing business announced today it served as administrative agent on $69 million of senior secured credit facilities to support the acquisition of AGDATA by Vista Equity Partners. GE Capital Markets served as sole lead arranger and bookrunner on these facilities.
"GE Capital provided us with a flexible financing structure and strong capital commitment on this transaction. We look forward to our continued financing relationship," said Kevin Sofield, head of capital markets at Vista Equity Partners.
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CHICAGO --- GE Antares, a unit of GE Capital, announced today it served as administrative agent on a $265 million senior secured credit facility to support the acquisition of United Site Services (USS) by Calera Capital. GE Capital Markets served as sole lead arranger and bookrunner on this facility.
Headquartered in Westborough, MA, USS is a leader in portable restrooms and fence rentals with more than 60 locations throughout the United States.
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CHICAGO -- GE Capital, Corporate Retail Finance today announced it is providing financing to C&K Market, an independent regional supermarket chain. The funding will be used to support the company's operations and expected growth as it implements a new customer experience strategy.