FAIRFIELD, Conn. - August 21, 2015 - GE [NYSE:GE] announced today that it has completed the previously announced sale of its U.S. Sponsor Finance business and a bank loan portfolio, representing aggregate ending net investment (ENI) of approximately $10 billion, to Canada Pension Plan Investment Board (CPPIB) in a transaction valued at more than $11 billion.
CHICAGO - GE Antares, a unit of GE Capital, announced today it is serving as administrative agent on a $124.5 million senior secured credit facility to support the acquisition of Area Wide Protective (AWP) by The Riverside Company. GE Capital Markets served as joint lead arranger and joint bookrunner on this facility.
Headquartered in Kent, OH and founded in 1993, AWP offers temporary traffic management solutions to a variety of customers, including utilities, utility contractors and telecommunications companies.
business unit
CHICAGO - GE Antares, a unit of GE Capital, announced today it is serving as administrative agent on a $138 million senior secured credit facility to support the acquisition of Bendon, Inc. by Irving Place Capital (IPC). GE Capital Markets served as joint lead arranger and joint bookrunner on this facility.
business unit
SCOTTSDALE, AZ, APRIL 1, 2015 - GE Capital’s Franchise Finance (GEFF) business announced today that it has provided a $51 million credit facility to Giordano’s, a portfolio company of Victory Park Capital. GE Capital Markets served as administrative agent and joint lead arranger.
Founded in 1974 and calling itself the “originator of deep dish Chicago style stuffed pizza,” Giordano’s operates 16 units and franchises 31 units in the Midwest and Florida. The funds will be used to refinance existing debt and fund the development of new stores.
business unit
NORWALK, CT, March 30, 2015 - GE Capital’s Telecom, Media and Technology (TMT) financing business today announced that it served as administrative agent on a senior secured credit facility to support the acquisition of Unified OS Ltd. by Inventus Solutions, Inc., a Clearlake Capital Group portfolio company. GE Capital Markets served as sole lead arranger and bookrunner on this facility.
business unit
CHICAGO - GE Antares, a unit of GE Capital, announced today it is serving as administrative agent on a senior secured credit facility to support the acquisition of Phillips and Temro Industries (PTI) by Harbour Group. GE Capital Markets served as joint lead arranger and joint bookrunner on this facility.
PTI, headquartered in Minneapolis, MN, is a global manufacturer and supplier of thermal management systems and controls, primarily for diesel and gasoline engine platforms. The company sells highly engineered components built to unique application specifications.
business unit
CHICAGO - GE Antares, a unit of GE Capital, announced today it is serving as administrative agent on a $60 million senior secured credit facility to support the acquisition of Tidel Engineering, L.P. by an affiliate of Graham Partners. GE Capital Markets served as joint lead arranger and joint bookrunner on this facility.
business unit
CHICAGO - GE Antares, a unit of GE Capital, announced today it is serving as administrative agent on a $66 million senior secured credit facility to support the acquisition of Cascade Drilling Environmental Services, LLC by Snow Phipps Group, LLC. GE Capital Markets served as joint lead arranger and joint bookrunner on this facility.
business unit
CHICAGO, Feb. 13, 2015 - GE Antares, a unit of GE Capital, announced today it is serving as administrative agent on a $145.6 million senior secured credit facility to support the acquisition of Lazer Spot, Inc. by Greenbriar Equity Group. GE Capital Markets served as co-lead arranger and co-bookrunner on this facility.