NORWALK, CT-- December 20, 2012 -- GE Capital, Corporate Finance today announced it is serving as administrative agent on a $300 million asset-based credit facility for Sotheby's, one of the world's leading auctioneers (NYSE: BID). GE Capital Markets served as joint lead arranger for the transaction.
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SINGAPORE, December 19, 2012 -- GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing and financing arm of GE, announced delivery of the first leased Embraer E190 aircraft to Myanma Airways, the flag carrier of Myanmar.
The aircraft was previously leased to a customer in the U.S. and was transitioned to Myanmar over the last several weeks. It is the first E190 to join the Myanma Airways fleet.
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NORWALK, CONN., December 18, 2012 -- GE Capital announced today that it is calling for redemption all of its outstanding Step-Up Public Income Notes Due January 28, 2035, 6.05% Notes Due February 6, 2047, 6.00% Public Income Notes Due April 24, 2047 and 5.875% Notes due February 18, 2033. The redeemed notes will be redeemed on January 18, 2013 at a redemption price equal to the unpaid principal amount of the redeemed notes, together with accrued but unpaid interest up to, but excluding, January 18, 2013.
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BETHESDA, MD -- December 17, 2012 --- GE Capital, Healthcare Financial Services announced today that it is serving as administrative agent on a $65 million senior secured credit facility for National
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- Shows potential of Durathon™ battery in hybrid transportation
- Energy management technology provides effective approach to enable smaller, lower cost fuel cells for clean transportation
- Solution could eventually lead to electrification of buses, delivery trucks, and other heavy-duty vehicles