Latest GE Capital Bank Stories
GE Commercial Finance Corporate Lending today announced it has provided a $200 million asset-based credit facility to Severstal Warren, Inc., a steel producer and indirectly owned subsidiary of OAO Severstal. The loan will be used for ongoing working capital needs.
GE Healthcare Financial Services, acting as Sole Lead Arranger, Sole Book Runner and Administrative Agent, has provided a $75 million Senior Secured Credit Facility to The Schumacher Group, a leading emergency medicine management firm.
- Stoppage; cessation (of labor).
- A standing still or idling (of mills, factories, etc.).