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Latest GE Capital Bank Stories

2008-10-23 09:00:27

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.

2008-07-28 12:01:07

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.


Word of the Day
mitraille
  • Small missiles, especially grape, canister, fragments of iron, and the like, when fired, as upon an enemy at close quarters.
  • To fire mitraille at.
The word 'mitraille' comes from the Old French 'mitaille', meaning 'small coins', sometimes used to mean 'scrap iron'.