GE Commercial Finance Corporate Lending today announced it has provided a $365 million asset-based credit facility to WESCO Distribution, Inc., a leading distributor of electrical supplies and equipment.
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GE Media, Communications & Entertainment, a unit of GE Commercial Finance, and NBC Universal today announced they have launched a $250 million equity fund to invest in media and technology companies with high growth potential
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GE Commercial Finance - Media, Communications & Entertainment (formerly Global Media & Communications) today announced that it has provided Peak Broadcasting with financing for the company's acquisition of seven radio stations in the Fresno, California market. The $86.5 million transaction closed March 30.
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GE Commercial Finance's media and communications business has renamed itself Media, Communications & Entertainment (formerly Global Media & Communications), reflecting its rapidly growing focus on and portfolio of entertainment industry customers.
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GE Commercial Finance today announced it acted as administrative agent for a $240 million senior secured credit facility for the recapitalization of Transaction Network Services ("TNS"Â). GE Capital Markets served as sole lead arranger.
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GE Commercial Finance is Administrative Agent in $240MM Senior Secured Credit Facility for Leading Provider of Data Communications Services
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GE Commercial Finance - Media, Communications & Entertainment (formerly Global Media & Communications) today announced it is the administrative agent and sole lender of a $30 million credit facility for Penn Foster, a portfolio company of the Wicks Group of Companies LLC, to support their acquisition of Education Direct, Inc. and Thompson Education Direct, Ltd.
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GE Commercial Finance today announced it acted as administrative agent for a $143 million senior secured credit facility to support the acquisition of Coastal Concrete LLC, a company acquired by Park Avenue Equity Partners II, LLC. GE Capital Markets served as lead arranger and bookrunner.
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GE Commercial Finance Corporate Lending today announced it has provided a $130 million cash flow credit facility to JHT Holding, Inc., a leading truck transport services company.
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GE Commercial Finance has decided to launch a tender offer for 100% of the shares of Japan's Sanyo Electric Credit Co., Ltd., a small ticket leasing and specialty loan business that focuses on office and IT equipment and industry-specific loans throughout Japan
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GE Commercial Finance - Corporate Lending today announced it has provided a $175 million cash flow credit facility to Cliffstar Corporation, a leading producer of shelf stable private label fruit juices. The loan will be used to refinance current debt and provide liquidity for future expansion.
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GE Commercial Finance - Corporate Lending today announced it has provided a $71 million asset-based credit facility to Quantum Foods LLC, a leading beef processor and supplier for the food service industry. The loan will be used to refinance debt and for working capital needs.
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