Capital One Acquires GE Capital’s Healthcare Finance Unit
In a transaction valued at approximately $9 billion, Capital One has signed a definitive agreement with GE Capital to acquire its Healthcare Finance unit.
In a transaction valued at approximately $9 billion, Capital One has signed a definitive agreement with GE Capital to acquire its Healthcare Finance unit.
GE Capital’s Healthcare Financial Services has closed and fully funded a $4 million additional term loan financing to Cianna Medical, bringing the total venture loan facility to $12 million.
GE Capital, Healthcare Financial Services is serving as administrative agent and collateral agent on a $250 million term loan financing for Amneal Pharmaceuticals.
GE Capital, HFS has named Brett B. Haring leader of its Life Sciences Finance business. A 25-year GE Capital veteran, Haring began his career in GE Capital’s equipment finance business.
Assurex Health secured a $25 million term and revolving credit facility, with GE Capital, HFS serving as agent. The financing supports increasing clinical adoption of its GeneSight products.
GE Capital, Healthcare Financial Services provided a $9 million term loan to Cerapedics. The funds will be used to support Cerapedics’ U.S. regulatory process advancement.
GE Capital, Healthcare Financial Services (HFS) announced that it launched a multi-media campaign featuring Diplomat, the nation’s largest independent specialty pharmacy.
GE Capital, Healthcare Financial Services served as administrative agent on Paradigm Management Services’ $165 million facility. GE Capital Markets served as joint lead arranger and joint bookrunner.
Paul Hastings represented GE Capital’s Healthcare Financial Services as administrative agent on $165 million senior credit facilities for Paradigm Management Services.
GE Capital, Healthcare Financial Services said it has committed over $1.4 billion in financing for healthcare facilities year-to-date.