EDEN PRAIRIE, Minn.--13 September 2010-- GE Capital Fleet Services today announced that customers enrolled in its Maintenance Management program realize $40 million in negotiated repair cost savings annually, according to an extensive maintenance pricing study. The program provides customers with access to maintenance providers that offer quality service for common repairs on popular auto, light truck and service vans.
GE Capital, Americas is providing inventory and working capital financing to resellers that want to acquire products from KBZ Communications, Inc. of Doylestown, PA.
Hoffman Estates, IL, Sept. 9, 2010 ― GE Capital's Commercial Distribution Finance (CDF) business announced today that it has entered into a new agreement with KBZ Communications, Inc. to provide inventory and working capital financing to resellers that want to acquire KBZ products, including Tandberg telepresence and video equipment.
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NORWALK, Conn.--08 September 2010-- GE Capital, Corporate Finance today announced it is agent for a C$300 million asset-based credit facility to Evraz Inc. NA Canada, a steel plate and pipe manufacturer. The loan will be used for working capital needs and other corporate purposes. GE Capital Markets served as joint lead arranger.
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GE Capital has been a lender to Golfsmith, a 40-year-old seller of golf and tennis equipment, apparel and accessories, since 2002.
NORWALK, CT --- GE Capital today announced it is providing a four-year extension of its $90 million asset-based revolving credit facility to Golfsmith (NASDAQ: GOLF), a specialty retailer. GE Capital has been a lender to Golfsmith since 2002.
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NORWALK, Conn.--23 August 2010-- GE Capital, Corporate Finance today announced it is administrative agent for a $168 million cash flow credit facility to Bellisio Foods, Inc., a major frozen foods manufacturer. The loan will be used to refinance debt and for working capital needs. GE Capital Markets served as lead arranger.
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NORWALK, Conn.--20 August 2010-- GE Capital, Corporate Finance today announced it is administrative agent for a $425 million cash flow credit facility to Blount International, Inc., a leading outdoor products manufacturer. The loan amends and extends an existing $165 million facility and will be used to refinance debt and for acquisitions. GE Capital Markets served as sole lead arranger.
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CHICAGO--11 August 2010-- GE Antares, a unit of GE Capital, today announced it served as administrative agent for a $158.5 million senior secured credit facility to support OMERS Private Equity's acquisition of United States Infrastructure Corporation ("USIC"). GE Capital Markets served as joint lead arranger and bookrunner on the transaction.
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Access GE Program Helps Customer Solve Business Challenge and Capitalize on Opportunities
IRVING, TX (Aug. 9, 2010) -- NACCO Materials Handling Group, Inc. (NMHG), the Cleveland-based subsidiary of NACCO Industries, Inc., is rolling out a secure online portal customized with premium information provided by GE Capital. NMHG's management team and authorized dealers will use the new portal to more effectively and efficiently research prospective customers.