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Press Release

Les chefs de file du secteur de la restauration au Canada partagent des pratiques de croissance au Sommet canadien de l'investissement en restauration tenu aujourd'hui

May 30, 2013

Les chaînes de restaurants de l'Ouest continuent à se déplacer vers l'Est, l'immobilier et la marque demeurent des facteurs cruciaux

TORONTO (Ontario) --- Voyez grand ou rentrez chez vous. C'est le message que font passer les cadres supérieurs des services de restauration canadiens lorsqu'on les interroge au sujet des pratiques exemplaires pour les restaurants comptant s'installer dans de nouvelles régions.


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Driver Safety Becomes Top Priority of Fleet Managers

May 29, 2013

GE Capital Fleet Services Survey Finds Cost Goals Slip to Number Two Concern

Eden Prairie, Minn. -- May 29, 2013 -- According to a recent survey by GE Capital Fleet Services, the biggest concern for fleet managers is ensuring the safety of their drivers. With more than a third (36 percent) of fleet managers citing it as their predominant concern, driver safety outpaced cost-savings goals and workforce productivity (22 percent each).


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GE Capital Launches Secured Revolving Credit Real Estate Product With $45 Million Facility to Platinum Hospitality Management

May 28, 2013

Provides speed and flexibility for hotel acquisitions

SCOTTSDALE, AZ --- GE Capital's Franchise Finance business announced today that it has provided a $45 million real estate-secured revolving credit facility to new customer Platinum Hospitality Management, an affiliate of Platinum Companies. Based in Hermitage, TN, a suburb of Nashville, Platinum operates several premium-branded, select service hotels under the Marriott, Hilton and Intercontinental brands.


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GE Capital is Administrative Agent on a $550 Million Credit Facility for Lord & Taylor

May 24, 2013

NORWALK, CT -- May 24, 2013 -- GE Capital, Corporate Retail Finance today announced it is administrative agent on a $550 million senior secured credit facility for Lord & Taylor, a leading North American retailer. The proceeds will be used to refinance debt, support ongoing working capital needs and for other corporate purposes. GE Capital also provided the company with interest rate risk management products and services. GE Capital Markets served as joint lead arranger and book runner.


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GE Capital Fleet Services Study Finds Recent Increase in Fleet Car Maintenance Costs

May 21, 2013

Eden Prairie, Minn. -- May 21, 2013 -- GE Capital Fleet Services today announced the results of its 18th annual fleet passenger car maintenance study, which found that overall fleet car maintenance costs increased by seven percent in 2012 compared to 2011. Although scheduled maintenance costs increased, overall car maintenance costs were down 1.5 percent from 2010 due to vehicle replacement initiatives.


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GE Capital Provides Financing to Support Growth of American SportWorks

May 16, 2013

CHICAGO, IL --- GE Capital's Commercial Distribution Finance (CDF) business announced today that it will provide inventory financing to motorsports dealerships that carry products manufactured by American SportWorks.

American SportWorks produces LANDmaster utility vehicles and Zircon, Marauder and Black Widow branded go-carts in Fort Wayne, IN and Roseland, LA. The funds will support the expansion of the company's dealer network in the U.S. Its products are currently carried by over 200 domestic dealers.


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Productivity is Top Focus for U.S. Truck Fleets in GE Capital Fleet Services Survey

May 13, 2013

Eden Prairie, MN -- Forty-four percent of fleet managers cited maximizing productivity as their primary concern in managing their company's truck fleet, according to a recent survey conducted by GE Capital Fleet Services.

Highlighting fleet managers' increased focus on keeping operating expenses in check, additional concerns include meeting cost savings goals (24 percent) and understanding the impact of new vehicle technologies, such as alternative fuel vehicles (20 percent).


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GE Capital is Administrative Agent on $250 Million Senior Secured Credit Facility for Neenah Enterprises, Inc.

May 10, 2013

NORWALK, CT -- May 10, 2013 -- GE Capital, Corporate Finance today announced it is serving as administrative agent on a $250 million senior secured credit facility for Neenah Enterprises, Inc., a leading iron castings manufacturer. The loan is being used to refinance existing debt and to support ongoing working capital needs. GE Capital Markets served as lead arranger.


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GE Expands Reach in Chicago

May 09, 2013
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