GE Antares Provides $555 Mln Loan to TricorBraun
GE Antares, a unit of GE Capital, said it served as administration agent on a $555 million loan for TricorBraun. The loan will serve to to refinance TricorBraun’s outstanding debt and make a distribution to shareholders of affiliates via dividends and stock repurchases, the statement said. GE Capital Markets served as joint lead arranger and...
Oblong Industries Closes Series B
The Foundry Group has led a Series B round for Oblong Industries, maker of an operating system that provides data visualization, analytics, and integration capabilities across multiple computers, screens, and applications. Morgan Stanley Alternative Investment Partners and Energy Technology Ventures also contributed. Details of the financing were not released. PRESS RELEASE Oblong Industries, the company...
Lightower Fiber Gets $380 Mln Loan from GE Capital
GE Capital’s TMT group has provided a $380 million credit facility to Lightower Fiber Netwrosk. Pamlico Capital, M/C Venture Partners and Ridgemont Equity Partners own Lightower. Boxborough, Mass.-based Lightower is a metro fiber network and bandwidth service company. PRESS RELEASE GE Capital’s Telecom, Media and Technology (TMT) financing business today announced it served as administrative...
Check-Cap Gets GE Backing
GE Capital and GE Healthcare, the financial services and healthcare divisions of General Electric Company have invested in Check-Cap, a developer of an ingestible imaging capsule that may help detect colorectal cancer. The investment is being made through the GE healthymagination Fund, an equity fund that makes investments in healthcare technology companies.
PRESS RELEASE
GE Capital...
Check-Cap Gets GE Backing
GE Capital and GE Healthcare, the financial services and healthcare divisions of General Electric Company have invested in Check-Cap, a developer of an ingestible imaging capsule that may help detect colorectal cancer. The investment is being made through the GE healthymagination Fund, an equity fund that makes investments in healthcare technology companies.
PRESS RELEASE
GE Capital...
General Electric’s CEO Discusses Q4 2011 Results – Earnings Call Transcript
General Electric (GE)
Q4 2011 Earnings Call
January 20, 2012 8:30 am ET
Executives
Trevor A. Schauenberg - Vice President of Corporate Investor Communications
Jeffrey R. Immelt - Executive Chairman, Chief Executive Officer and Member of Public Responsibilities Committee
Keith S. Sherin - Vice Chairman and Chief Financial Officer
Analysts
Nigel Coe - Morgan...
GE Capital Buying MetLife’s U.S. Retail Deposit Biz
GE Capital, through its bank affiliate GE Capital Financial Inc., announced Tuesday that it was buying MetLife’s U.S. retail deposit business. Terms of the deal were not released. The deal is expected to close in mid-2012.
Slideshow: Where the Biotech & Device Investors Are–Q4 Edition
Lately, there’s been a whole lot of bemoaning of this and that to explain why VCs are abandoning the biotech and device space and why strategics are slowing early-stage funding. Lawmakers and regulators have made it too tough to IPO. Lawmakers and regulators have made it too tough to get anything approved at the FDA.
Thing...
GE Capital Provides $10M Debt to InfraReDx
GE Capital, Healthcare Financial Services has provided a $10 million senior secured multi-draw term loan to InfraReDx Inc., a medical device company focused on coronary artery and other vascular diseases. The money will go toward product commercialization. InfraReDx is basd in Burlington, Mass.
