NORWALK, CT-- August 17, 2009 --- GE Capital, Corporate Finance today announced it provided $150 million as part of a $1 billion revolving asset-based credit facility for Smithfield Foods, Inc. (NYSE: SFD), the world's largest pork processor and hog producer. As previously announced by Smithfield Foods, the loan is a part of the company's ongoing debt restructuring efforts. GE Capital Markets served as joint-bookrunner.
NEW YORK--05 August 2009-- Peacock Equity, a joint investment fund of GE Capital's Media, Communications & Entertainment business and NBC Universal, today announced the addition of two new members to its board of directors. The additions are Lauren Zalaznick, president of NBC Universal Women and Lifestyle Entertainment Networks, and Jessica Schell, Senior Vice President, NBC Universal Digital Strategy and Business Development. Ben Silverman, who recently announced that he is leaving NBCU, is resigning from the Peacock board.
business unit
tags
BETHESDA, MD-- July 29, 2009 --- GE Capital, Healthcare Financial Services today announced it was administrative agent on a $25 million revolving line of credit for AccessOne MedCard, Inc. The loan will be used to refinance existing debt and to support growth initiatives. GE Capital Markets served as sole lead arranger and sole bookrunner.
business unit
tags
NORWALK, Conn.--(BUSINESS WIRE)--GE Capital, Corporate Retail Finance today announced it committed $290 million of new money to a $1 billion asset-based revolving line of credit for Rite Aid Corporation (NYSE:RAD), a leading national drugstore retailer. The loan, which was previously announced by the company, will be used for working capital purposes. GE Capital Markets served as joint lead arranger.
business unit
tags
Funds facilitate a 14-unit acquisition in Dallas and Fort Worth
SCOTTSDALE, Ariz.--21 July 2009-- GE Capital, Franchise Finance completed a $12 million loan to Tribox LLC for the purchase of 14 Jack in the Box units and to refinance some existing debt. Tribox currently owns and operates seven Jack in the Box franchise units in the Dallas area.
business unit
tags
BETHESDA, MD-- July 16, 2009 --- GE Capital, Healthcare Financial Services, one of America's leading healthcare financiers, today announced it served as administrative agent on a $97.5 million senior credit facility for Univita Health Inc., a portfolio company of Genstar Capital. The loan will be used to refinance a portion of Univita's existing indebtedness and for general corporate purposes. GE Capital Markets, Inc. arranged the transaction as sole bookrunner and co-lead arranger.
business unit
tags
GE Capital Increases Credit Facility for Nyack Hospital
BETHESDA, MD-- July 08, 2009 --- GE Capital, Healthcare Financial Services today announced it has increased Nyack Hospital's credit facility to $30 million to support comprehensive hospital-wide automation. Nyack Hospital is a 375-bed community care medical/surgical hospital located in Nyack, NY, and has been a client of GE Capital since 2006.
business unit
tags
NORWALK, CT -- June 29, 2009 --- GE Capital, Corporate Finance today announced it provided a $100 million asset-based credit facility to Monrovia Nursery, one of the world's largest producers of container grown plants. The loan will be used for working capital needs. GE Capital Markets served as co-lead arranger.
business unit
tags
HOFFMAN ESTATES, Ill.--25 June 2009-- GE Capital, Commercial Distribution Finance today announced the launch of extended distribution financing programs available for resellers who source their Fujitsu America branded products through D&H, Tech Data or Synnex. The finance program offers resellers free 60-day payment terms for select Fujitsu products sold through those distributors.
business unit
tags
BETHESDA, Md.--16 June 2009-- GE Capital, Healthcare Financial Services today announced it provided a $75 million senior credit facility for Arizant Inc. The loan will be used to refinance Arizant's existing indebtedness and for general corporate purposes. GE Capital Markets served as joint lead arranger and sole bookrunner.