GE Capital Increases Senior Housing & Care Financing
GE Capital, Healthcare Financial Services said it has committed over $1.4 billion in financing for healthcare facilities year-to-date.
GE Capital, Healthcare Financial Services said it has committed over $1.4 billion in financing for healthcare facilities year-to-date.
According to the Fed’s recently released Beige Book, several districts noted improvement in capital spending plans with Cleveland and Chicago indicating capital outlays for productivity enhancing investments.
Widespread improvement in a number of indexes suggests optimism for the manufacturing sector in the next three to six months, according to the quarterly MAPI Business Outlook.
Fitch Ratings said it has placed the U.S.’s ‘AAA’ long-term foreign and local currency Issuer Default Ratings on Rating Watch Negative.
According to the latest Middle Market Indicator, middle-market revenues are expected to increase greater than 5% for the next 12 months.
GE Capital Retail Bank announced a long-term extension of its private label and dual card credit program with JCPenney. The credit card program is managed by GE Capital’s Retail Financial business.
Fitch Ratings said an inter-agency review of complex loans commonly held by multiple U.S. and foreign financial institutions indicates that improvements in asset quality have stalled year-over-year and underwriting standards have diminished post-crisis, highlighting potential risks for both bank and nonbank lenders.
Reuters reported that Twitter is finalizing a $1 billion revolving credit facility ahead of its expected initial public offering, sources told Thomson Reuters.
Bloomberg reported that prospects for a recovery in U.S. corporate profits this year are dimming after third-quarter earnings growth slowed and the federal government’s shutdown hindered trade.
The third annual National Middle Market Summit, co-hosted by GE Capital, the National Center for the Middle Market and The Ohio State University Fisher College of Business, will be held October 29-30 in Columbus, OH.