CHICAGO --- GE Antares, a unit of GE Capital, announced today it served as administrative agent on a $555 million senior secured credit facility to support the acquisition of Duro Bag Manufacturing Company by Hilex Poly Company , a portfolio company of Wind Point Partners. GE Capital Markets served as joint lead arranger and joint bookrunner on this facility.
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TAIPEI, Taiwan, July 24, 2014 -- GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing and financing unit of GE, has signed an agreement to lease four Boeing 777-300ER aircraft to EVA Airways, following a lease of two B777-300ER aircraft in February 2014. Delivery of the six aircraft is scheduled for 2016 and 2017. The B777-300ERs will modernize EVA's long-range fleet with high fuel-efficiency, more payload capabilities and additional flexibility in serving the nonstop routes stemmed from Taipei, Republic of China.
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Let the Good Times Roll: Key Business Segment is Roaring Ahead and Adding Jobs, Survey Finds
But like most businesses, Airstream, a division of Thor Industries, went through a rough patch during the financial crisis of 2008. “We took a very hard hit,” says Airstream’s CEO Bob Wheeler. “The market shrunk by 60 percent and our situation was pretty typical.”
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BETHESDA, MD --- GE Capital's Healthcare Financial Services business announced today that it has agented a senior secured credit facility of up to $9 million for USGI Medical, Inc., a San Clemente, CA-based company that develops endoscopic procedures for obesity and other advanced therapeutic endoscopy applications.
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NORWALK, CT -- GE Capital, Corporate Retail Finance today announced it is providing Brookstone, the product development company and specialty retailer, with a $115 million senior credit facility. The financing will be used to support the company's recent acquisition by Sailing Innovation (Sailing) and general working capital needs.
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NORWALK, CT -- GE Capital today announced it is providing MerchSource LLC with a $130 million senior credit facility providing working capital for the company's operations in the U.S. and Hong Kong.
MerchSource, headquartered in Irvine, CA, ideates, designs, develops and distributes a variety of consumer products in categories including electronics, toys, home décor, household accessories and pet supplies. Their products are sold in some of the nation's largest retailers including Bed Bath & Beyond, CVS, Kohl's, Macy's, Target, Walgreens and Wal-Mart.
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BETHESDA, MD, JULY 11, 2014 --- GE Capital's Healthcare Financial Services (HFS) business announced today that it is the sole lender on a $10 million senior secured term loan for OraMetrix, Inc. This transaction refinances the company's previous $7.5 million multi-draw senior secured term loan facility and provides it with an additional $2.5 million. Based in Richardson, TX, OraMetrix produces SureSmile, a digital and robotic system for orthodontic treatment. The funds will be used for working capital and growth initiatives.