PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: General Electric Company

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

GE Capital is Agent on $150 Million Asset-Based Credit Facility for ArchBrook Laguna - GE Capital, Corporate Finance announced it is administrative agent on a $150 million asset-based revolving credit facility for ArchBrook Laguna, an electronics and computer products distributor (NYSE: GE)
GE Capital is Agent on $150 Million Asset-Based Credit Facility for ArchBrook Laguna

 

NewswireToday - /newswire/ - Norwalk, CT, United States, 2011/01/14 - GE Capital, Corporate Finance announced it is administrative agent on a $150 million asset-based revolving credit facility for ArchBrook Laguna, an electronics and computer products distributor (NYSE: GE). NYSE: GE

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Financial/Legal/Venture Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

The loan refinances and increases an existing credit facility and will be used to support growth and working capital needs. GE Capital Markets served as sole lead arranger. GE Capital, Commercial Distribution Finance also provides the company with inventory financing.

Headquartered in Carlstadt, NJ, ArchBrook Laguna is a distributor of brand-name consumer electronics and computer products. The company supplies computers, cameras, printers, televisions, projectors and small appliances to retailers across the U.S.

“GE’s long-term commitment and their ability to structure financing to accommodate our evolving business needs provided us with the flexibility and resources to grow,” said Michael F. McIntyre, vice president of finance for ArchBrook Laguna.

“Technology and electronics is one of our specialties,” said Tom Quindlen, president and CEO of GE Capital, Corporate Finance. “We work closely with clients to understand their business objectives and provide a financing solution that works.”

About GE Capital, Corporate Finance
GE Capital, Corporate Finance provides asset-based, cash flow and structured loans and leases to mid-size and large U.S. businesses. Financing supports working capital, growth, acquisitions, turnarounds and balance sheet optimization in key sectors: Aerospace and defense; automotive and transportation; chemicals and plastics; construction and building products, corporate aircraft; financial and business services; food, beverage and agribusiness; manufacturing; marine; metals and mining; paper, packaging and forest products; retail; and technology and electronics. With Access GE, clients also benefit from access to GE’s best practices. Visit gelending.com/clnews.

GE Capital offers consumers and businesses around the globe an array of financial products and services. For more information, visit gecapital.com or follow company news via Twitter (@GECapitalNews). GE (ge.com) is Imagination at Work - a diversified technology, media and financial services company focused on solving some of the world's toughest problems.

PRESS Contact
Jeff Wilson - GE Capital, Corporate Finance
P: +1 203 749 6340 / E: Jeffrey.Wilson[.]ge.com.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Financial/Legal/Venture Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: General Electric Company

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Financial/Legal/Venture articles,
CATCH Visitors via Your Competitors Announcements!


GE Capital is Agent on $150 Million Asset-Based Credit Facility for ArchBrook Laguna

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

GE News Center |
Publisher Contact: Ned Reynolds - GE Capital, Americas 
203-229-5717 ned.reynolds[.]ge.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any General Electric Company securities in any jurisdiction including any other companies listed or named in this release.

Financial/Legal/Venture via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From General Electric Company / Company Profile


Read Financial/Legal/Venture Most Recent Related Newswires:

Elite Capital & Co. Limited Signs Deal with ACB Investments Holding
LexisNexis® Business Insight Solutions Expands Risk Management Portfolio with New Risk Media Monitoring Solution
GE to Sell Shares in Hyundai Card Co. to Hyundai Commercial, Affinity Equity Partners and Other Investors
Societe Generale Named Best Trade Finance Provider in Western Europe and Emerging Markets by Global Finance
Frost & Sullivan Sees Strong IPO Momentum on ASX in 2017 - Strengthens Independent Market Research for IPO's team in Australia
LexisNexis Integrates Lexis Search Advantage with Lexis Practice Advisor
LexisNexis Wins Best Search Project of 2016 for Search Term Maps
TRA Hires Grant Livingston As Regional Sales Consultant
FTI Intelligence Adapts Subscription-Based Service
Chinese Language Website of Dubai’s Award-winning Al Rowaad Advocates & Legal Consultants Launched
FTI Consulting Ranked as the Leading Dispute Advisory Provider by ALM Intelligence
ALM’s Legaltech News Shifts Print Strategy
FTI Consulting Bolsters Energy, Power & Products Industry Expertise in Houston and Dallas
The Retirement Advantage, Inc. Completes Acquisition of Benefit Planning & Administration, Inc.
Elite Capital Announces it’s Continued Support for Childrens Charities into the New Year 2017

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  La Bella Bakery Artisan Bakery Arizona

Visit  NAKIVO, Inc.





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)