MONTREAL (QC), Sept. 4, 2012 - GE Capital, Canada's Franchise Finance business announced today that it has provided a $20 million senior term loan facility to Temple Real Estate Investment Trust (TSX Venture: TR.UN) to support the acquisition of the Hilton Garden Inn located in West Edmonton, Alberta.
The six-story, 160-room hotel is located near Edmonton's West End Business District as well as the West Edmonton Mall, the city's top tourist destination.
MONTRÉAL (QC), le 4 septembre 2012 - GE Capital, Financement de franchises, Canada a annoncé aujourd'hui qu'elle a accordé une facilité de prêt à terme de 20 millions $ à Temple Real Estate Investment Trust (TSX Venture: TR.UN) afin d'appuyer l'acquisition du Hilton Garden Inn situé à West Edmonton, en Alberta.
L'hôtel de six étages, qui compte 160 chambres, est situé près du quartier des affaires West End, à Edmonton, de même qu'à proximité du West Edmonton Mall, la destination touristique principale de la ville.
NORWALK, Conn.--30 August 2012-- GE Capital today announced it is serving as administrative agent on a $150 million senior secured credit facility to support the combination of Golf Town and Golfsmith. The combined business operates under the name Golfsmith International and creates the world's largest golf specialty retailer.
Eden Prairie, Minn. -- August 22, 2012 -- GE Capital Fleet Services today announced the launch of a new eco-focused website that provides access to the company's depth of knowledge regarding alternative fuels and related sustainable products. The website can be accessed via this link:
Funds revolving line of credit and refinancing
SCOTTSDALE, Ariz.--21 August 2012-- GE Capital, Franchise Finance recently provided a $45 million senior secured credit facility to Raising Cane's Chicken Fingers®, a Baton Rouge, La.-based restaurant chain. The facility refinances the company's existing term loan and provides a revolving line of credit. A portion of the funding was provided through GE Capital bank affiliate, GE Capital Bank.
MILWAUKEE & HERZLIYA & LOD, Israel--21 August 2012-- GE (NYSE: GE), together with OrbiMed Israel and Ornim, Inc., announced today a $20 million investment in Ornim, Inc., a developer of the CerOx™ monitor that non-invasively monitors blood flow and oxygen saturation in brain and muscle tissue.
Total facility provided through GE Capital and its investor relationships
CHICAGO--16 August 2012-- GE Antares, a unit of GE Capital, announced today it served as administrative agent on a $85 million senior credit facility for Kele, Inc., a portfolio investment of CHS Capital. The financing supported a dividend recapitalization. GE Capital Markets served as sole lead arranger and bookrunner on the transaction.
BETHESDA, MD -- August 9, 2012 --- GE Capital, Healthcare Financial Services announced today that it was sole lender and administrative agent on a $7.5 million senior secured term loan facility for Trimel Pharmaceuticals Corporation (TSX:TRL). The financing will be used for working capital to support ongoing clinical development.
