Daily News: March 26, 2013

GE Capital Co-Agents Facility to Federal Signal


GE Capital, Corporate Finance announced it is syndication agent on a $225 million senior secured credit facility to Federal Signal Corporation. The funds refinance debt and will be used to support ongoing working capital needs. GE Capital Markets served as joint lead arranger and joint book manager.

“We understand that as a customer’s business evolves, so do their financing needs,” said Tom Quindlen, president and CEO of GE Capital, Corporate Finance. “Strong relationships and industry expertise allow us to provide customers with smart capital to support their business goals. Strong relationships and industry expertise allow us to provide customers with smart capital to support their business goals.”

Oakbrook, IL-based Federal Signal has manufacturing facilities worldwide producing a wide array of products from safety and security lights and siren systems to street sweepers. The company serves municipal, government, industrial and commercial customers.