GE Capital Agents Rush Enterprises $850MM Amendment

Rush Enterprises entered into an amendment with a lender group led by GE Capital Commercial as administrative agent for a facility that will provide $850 million to finance the company’s purchase of vehicle inventory and working capital.

GE Antares Agents Greenbriar Acquisition Financing

GE Antares is serving as administrative agent on a $145.6 million credit facility to support the acquisition of Lazer Spot by Greenbriar Equity. GE Capital Markets served as co-lead arranger and co-bookrunner.

GE Capital Markets’ Koenigsberg to Retire

Reuters reported that the global head of GE Capital Markets, Stewart Koenigsberg, announced his intentions to retire, with the expectation of leaving the company later this year.

GE Antares Finances The Jordan Company Buy

GE Antares is serving as administrative agent on a credit facility to support the acquisition of Gulfstream Services by The Jordan Company. GE Capital Markets served as joint lead arranger and joint bookrunner.

BofA, GE Capital Arrange Expera Refinancing

KPS Capital Partners said its portfolio company Expera Specialty Solutions completed a recapitalization by raising $270 million with a syndicate of banks. BofA Merill Lynch and GE Capital Markets acted as co-lead arrangers.

GE Antares Finances Hilex Poly Acquisition

GE Antares, a unit of GE Capital, announced it served as administrative agent on a $555 million senior secured credit facility to support the acquisition of Duro Bag Manufacturing Company by Hilex Poly Company.

GE Antares Agents Cross-Border Facility for Luminator Tech Buy

GE Antares is serving as administrative agent on a $166 million multi-currency, cross-border credit facility to support the acquisition of Luminator Technology Group by Audax Group.

GE Capital Agents King’s Hawaiian $135MM Financing

GE Capital, Corporate Finance announced it is administrative agent on $135 million in senior secured financing for King’s Hawaiian. The financing supports the company’s production capacity and working capital.

Bank Syndicate Arranges KPS’ Electrical Components Acquisition

KPS Capital entered into agreements to acquire Electrical Components International and affiliates. Transaction financing will be provided by a bank syndicate, with BofA, GE Capital and Fifth Third acting as lead arrangers.

GE Energy Arranges Saguaro Power Plant Facility

GE Energy Financial Services, through GE Capital Markets, served as the lead arranger in a $97.4 million facility for Saguaro Power’s cogeneration project in Nevada. CIT Corporate Finance participated in the facility as a lender.