BETHESDA, Md.--01 February 2011-- GE Capital, Healthcare Financial Services announced today that it is administrative agent for $205 million in senior secured credit facilities for AccentCare, Inc., a premier provider of a full spectrum of home healthcare services, ranging from non-medical, personal care to home health, skilled nursing, hospice care and rehabilitation. The credit facilities will provide the company with additional growth capital and supported the acquisition of Guardian Home Care Holdings, Inc.
BETHESDA, Md.--28 January 2011-- GE Capital, Healthcare Financial Services announced today that it has provided, as sole lender, a $12.5 million senior secured multi-draw term loan facility to XDx, Inc. ("XDx"). The financing provides XDx with working capital to expand the commercialization of its FDA-cleared, innovative, noninvasive AlloMap® molecular diagnostic test and pursue the development of other gene expression-based tests for autoimmune diseases including lupus.
business unit
tags
Eden Prairie, Minn. -- January 25, 2011 -- GE Capital Fleet Services today announced full-year results of identified customer cost savings in 2010. The total amount of identified savings for 2010 was $326 million, with the company-leased versus company-owned vehicles yielding the highest cost savings of more than $68 million.
business unit
tags
Funds Allow for Refinancing and Growth Development
SCOTTSDALE, Ariz.--19 January 2011-- GE Capital, Franchise Finance announced today that it is providing $15.3 million in financing to a large Hardee's® franchisee, Paradigm Investment Group, LLC. The credit facility includes a $10.3 million term loan and a $5 million development line of credit.
business unit
tags
NORWALK, Conn.--14 January 2011-- GE Capital, Corporate Finance today announced it is administrative agent on a $150 million asset-based revolving credit facility for ArchBrook Laguna, an electronics and computer products distributor. The loan refinances and increases an existing credit facility and will be used to support growth and working capital needs. GE Capital Markets served as sole lead arranger. GE Capital, Commercial Distribution Finance also provides the company with inventory financing.
business unit
tags
Sale of $2 billion mortgage business supports GE Capital's strategy to accelerate growth in core businesses
NORWALK, Conn.--24 December 2010-- GE Capital announced today the signing of an agreement whereby Grupo Financiero Santander Mexico will acquire GE's consumer mortgage business in Mexico, encompassing all of its operations, including its $2 billion consumer mortgage portfolio.
business unit
tags
NORWALK, CT-- December 21, 2010 --- GE Capital, Restructuring Finance today announced it is administrative agent for a $200 million debtor-in-possession (DIP) credit facility and a $175 million plan of reorganization (POR) credit facility for Vertis Holdings, Inc., a leading marketing communications company. The financing supports the company's recapitalization under a voluntary pre-packaged Chapter 11 filing and its emergence. GE Capital Markets served as joint lead arranger for the DIP and lead arranger for the POR.
business unit
tags
NORWALK, Conn.--16 December 2010-- GE Capital Media, Communications & Entertainment today announced that it will serve as Administrative Agent for a new $230MM senior secured credit facility for Lightower Fiber Networks, a leading fiber network and broadband service provider in the Northeast. GE Capital Markets served as lead left bookrunner on the transaction, which closed November 30, 2010.
business unit
tags
Alliance Provides Increased Liquidity and Online Account Management Tools
IRVING, TX -- GE Capital and JCB, a leading global construction equipment manufacturer, announced today an agreement to provide financing to JCB's U.S. dealerships; this new arrangement allows them to better manage wholesale floor planning by obtaining more flexible payment terms and increased liquidity.