Funds partner buyout
SCOTTSDALE, Ariz.--23 February 2012-- GE Capital, Franchise Finance recently provided a $2.675 million term loan to QSC Restaurants, Inc., a Wendy's franchisee, for a partner buyout. The funding was provided through GE Capital's bank affiliate, GE Capital Financial Inc.
Montreal -- GE Capital, Franchise Finance announced today that it has recently provided a $15 million senior term loan facility to Temple Real Estate Investment Trust (TSX Venture: "TR.UN") to support the acquisition of the Radisson Hotel & Suites Fort McMurray, Alberta.
Arni Thorsteinson, president & CEO, Temple REIT, Inc., said, "GE Capital proved to be very responsive to our needs and we are very pleased with the execution of this transaction."
Montréal (QC) --- GE Capital, Financement de franchises a annoncé aujourd'hui qu'elle a récemment accordé une facilité de prêt à terme de 15 millions $ à Temple Real Estate Investment Trust (TSX Venture : « TR.UN ») afin d'appuyer l'acquisition du Radisson Hotel & Suites Fort McMurray, en Alberta.
Arni Thorsteinson, Président et chef de la direction, Temple REIT, Inc., a dit, « GE Capital s'est montrée très réceptive à nos besoins et nous sommes pleinement satisfaits de l'exécution de cette transaction. »
SCOTTSDALE, Ariz.--21 February 2012-- GE Capital, Franchise Finance provided a $25 million credit facility to support an investment in Anthony's Coal Fired Pizza, Inc. by an affiliate of The Quilvest Group. The financing includes a $17 million term loan and an $8 million revolving credit facility. Funding was provided through GE Capital's bank affiliate, GE Capital Financial Inc.
CHICAGO--16 February 2012-- GE Antares, a unit of GE Capital, announced today it served as administrative agent on a $142 million senior credit facility to support the acquisition of ThermaSys by Wellspring Capital Management. GE Capital Markets served as sole lead arranger and bookrunner on the transaction.
EDEN PRAIRIE, Minn.--16 February 2012-- GE Capital Fleet Services today announced identified customer cost savings for the full year of 2011. By analyzing and benchmarking fleet data, GE Capital helps customers determine areas to maximize cost savings and increase productivity. The total amount of identified savings for 2011 was $347 million, with optimal vehicle cycling for fleets yielding the highest cost savings of more than $124 million for the year.
NORWALK, Conn.--15 February 2012-- GE Capital's Telecom, Media and Technology (TMT) financing business today announced it served as administrative agent on a new $380 million credit facility for Lightower Fiber Networks, the premier metro fiber and bandwidth service provider in the Northeast,. GE Capital Markets served as joint bookrunner and joint lead arranger on the transaction.
Extension of 40-Year Bobcat Program Benefits Dealers and Retail Buyers
IRVING, TX -- GE Capital, Equipment Finance announces an extension of its 40+ year vendor financing relationship with Bobcat Company. In addition, GE Capital is launching a new vendor financing program for Doosan-branded heavy industrial equipment starting this month. The entities are part of Doosan Infracore Construction Equipment, a leader in the engineering, manufacturing, marketing and distribution of compact and heavy construction equipment, attachments and articulated dump trucks.
Fretted instruments, percussion, keyboards and amps expected to be most popular products
HOFFMAN ESTATES, IL -- Participants in the music instrument industry are optimistic about growing sales in 2012 even as they acknowledge that consumer demand has been muted in recent years, according to survey results released today by GE Capital, Commercial Distribution Finance (CDF).
NORWALK, Conn. & MILWAUKEE & ISFIYA, Israel--01 February 2012-- GE Capital and GE Healthcare, the financial services and healthcare divisions of General Electric Company (NYSE: GE), announced today an investment in Check-Cap, Ltd., a developer of an ingestible imaging capsule that may help detect colorectal cancer.
