Hosting free webinar on rental fleets Jan. 29
IRVING, TX --- GE Capital, Equipment Finance announced today that it is expanding its financing program for dealers to purchase construction equipment for use in their rental fleets. About half of U.S. dealers offer rentals in addition to sales --- a figure that's expected to grow in 2014 and beyond.
NORWALK, CT -- January 8, 2014 -- GE Capital, Corporate Finance today announced it is serving as administrative agent on $72.5 million of senior secured credit facilities to Permian Basin Materials, LLC (PBM), a newly formed affiliate of WL Ross & Co. LLC (WL Ross). The credit facilities are being used to support the simultaneous acquisitions of Crockett County Mining, Ltd., Highland Concrete Co., and Wallach Concrete, Inc., and for ongoing working capital needs. GE Capital Markets served as sole lead arranger and bookrunner on the transactions.
NORWALK, CT -- January 07, 2014 -- GE Capital, Corporate Finance today announced it is serving as administrative agent on $285 million of senior secured revolving and term credit facilities to Harley Marine Services, Inc. The credit facilities will recapitalize the company and provide additional funds for growth initiatives. GE Capital Markets served as sole bookrunner and sole lead arranger on the transactions.
NORWALK, CT --- GE Capital, Corporate Finance today announced it is serving as administrative agent on $340 million in revolving credit facilities for subsidiaries of Wise Metals Group, LLC. The facilities will be used to fund the company's growth and ongoing working capital needs. GE Capital Markets served as sole lead arranger and joint bookrunner on the facilities.
