Goldman Completes Acquisition of $16B Deposits from GE Capital Bank
Goldman Sachs Bank USA has acquired the online deposit platform of GE Capital Bank and assumed approximately $16 billion of deposits.
Goldman Sachs Bank USA has acquired the online deposit platform of GE Capital Bank and assumed approximately $16 billion of deposits.
The Federal Reserve has approved Goldman Sachs Bank USA to assume substantially all the deposit liabilities and acquire certain limited assets of GE Capital Bank in Utah.
Drug maker Mylan will buy Swedish drug maker Meda in a $7.2 billion deal. Mylan will finance the cash portion of the offer with a new bridge credit facility arranged by Deutsche Bank Securities and Goldman Sachs.
Silgan Holdings announced it completed a facility to refinance its existing facility. Wells Fargo Securities, Merrill Lynch, Citigroup Global Markets and Goldman Sachs Bank were joint lead arrangers and joint book managers for the syndicated credit facility.
TMS International and Pritzker announced an agreement under which members of the Pritzker family will acquire TMS in a transaction valued at $1 billion. Goldman Sachs Bank USA and J.P. Morgan are providing committed debt financing.
Hologic completed an amendment to its senior secured tranche B term loan facility under the company’s credit and guaranty agreement. Goldman Sachs served as administrative and collateral agent.
Apria Healthcare Group entered into a $900 million term loan with Bank of America as administrative agent and U.S. Bank as collateral agent. Bank of America, Goldman Sachs, Barclays, Wells Fargo Securities and Macquarie Capital acted as joint lead arrangers and joint bookrunners.
Diagnostic imaging products manufacturer Hologic said it completed a refinancing of its existing credit facility with a lender group led by Goldman Sachs Bank USA. The refinancing included a reduction in interest rates of 100 basis points.