CHICAGO -- GE Capital, Corporate Finance today announced it is providing auction house Sotheby's (NYSE: BID) with $850 million in senior credit facilities. The new facilities include a $250 million credit line increase and will be used for general working capital and to support the company's business strategy. GE Capital Markets served as joint lead arranger and joint book runner on the facilities.
CHICAGO -- GE Capital, Corporate Retail Finance today announced it is providing financing to C&K Market, an independent regional supermarket chain. The funding will be used to support the company's operations and expected growth as it implements a new customer experience strategy.
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CHICAGO -- GE Capital today announced it is providing Rentech Nitrogen Partners, L.P. (NYSE: RNF) with a $50 million cash flow financing for a series of capacity expansion projects to support the partnership's future growth. The facility will also be available, if needed, for general partnership purposes. The partnership, headquartered in Los Angeles, is a leading provider of natural gas-based nitrogenous fertilizers, with manufacturing facilities located in East Dubuque, IL and Pasadena, TX.
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NORWALK, CT -- GE Capital, Corporate Retail Finance today announced it is providing Brookstone, the product development company and specialty retailer, with a $115 million senior credit facility. The financing will be used to support the company's recent acquisition by Sailing Innovation (Sailing) and general working capital needs.
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NORWALK, CT -- GE Capital today announced it is providing MerchSource LLC with a $130 million senior credit facility providing working capital for the company's operations in the U.S. and Hong Kong.
MerchSource, headquartered in Irvine, CA, ideates, designs, develops and distributes a variety of consumer products in categories including electronics, toys, home décor, household accessories and pet supplies. Their products are sold in some of the nation's largest retailers including Bed Bath & Beyond, CVS, Kohl's, Macy's, Target, Walgreens and Wal-Mart.
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CHICAGO, IL -- GE Capital, Corporate Finance today announced it is providing Lagunitas Brewery with a $20 million credit facility to equip the company's new Chicago brewery.
Lagunitas, founded in 1991 and headquartered in Petaluma CA, is one of the nation's fastest-growing craft brewers. The company is opening a 600,000-barrel capacity brewery in the Douglas Park neighborhood of Chicago, where it held a ribbon-cutting ceremony on June 17, 2014.
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NORWALK, CT -- GE Capital, Corporate Finance today announced it is serving as administrative agent on a $160 million revolving credit facility for Huttig Building Product Inc. (NASDAQ: HBP). The new facility refinances existing debt and provides an additional $40 million in financing to support future growth. GE Capital Markets served as co-lead arranger.
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NORWALK, CT -- GE Capital today announced it has provided Accolade Wines, the world's fifth largest wine producer, with a $300 million cross-border credit facility. The financing will enable the continued global growth of the business.
GE Capital facilitated financing across Australia, the United Kingdom, New Zealand and the United States, giving Accolade seamless access to capital in regions of operation. With its roots in one of the first wineries established in Australia, today Accolade sells wine in over 80 countries.
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NORWALK, CT -- GE Capital, Corporate Finance today announced it is the administrative agent and sole lender on a $60 million senior credit facility for Consolidated Systems Incorporated (CSi). CSi produces metal products for use in the commercial construction industry and for original equipment manufacturers (OEMs). The financing will be used for working capital and general business needs.
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Tweet this story: @GELendLease provides working capital for @KingsHawaiian, the number one dinner roll sold throughout the U.S. http://invent.ge/1gQZfPB