The proposed transaction is a component of a plan to dissolve GE Capital Bank; this is part of a broader strategy by GECC
, the parent of GE Capital Bank, to reduce the size of GECC
's financial- services businesses and thereby reduce the firm's systemic footprint and achieve other business purposes.
Effective December 31, 2015 the joint venture will invest USD211 million in a series of existing low income housing tax credit investments as part of a previously announced agreement with GECC
"This rating action follows the decision earlier this year of General Electric Company's (GE; A1, stable) to downsize GECC
, which originates and services most of MGEC's asset base, and the recent announcement regarding the sale of MGEC's assets to MidCap.
dispose of most of the assets of GECC
over the next three years, thus
entities), which owned fully depreciated airplanes that were
5, 2007 (shareholders' committee objected to debtor's retention of consulting firm because of alleged conflict of interest, which debtor and creditors' committee claimed was resolved); Okomo, supra note 98 (committee seeking appointment of trustee and debtor seeking to remove its former parent company from the creditors' committee for alleged breaches of fiduciary duty that included offering employment positions to the debtor's employees); Viewpoint, Montgomery Ward: Genuine Reorganization or GECC
's Fig Leaf?, 34 Bankr.
Genera] Electric Capital Corporation (GECC
) purchased and then leased commercial airplanes to airline companies.
Summary: A unit of General Electric is expected to close the order books on Thursday on a five-year fixed-rate dollar denominated sukuk, or Islamic bond, as the US conglomerate looks to diversify its investor base, bankers said.AaUnofficial price guidance for General Electric Capital Corp (GECC
)'s Reg S sukuk is between 165 basis points (bps) and 175 bps over US Treasuries.
Grupos geneticos (1) Variaveis T x HD T x IF Peso inicial 30,6 [+ ou -] 1,3 31,2 [+ ou -] 1,3 Peso final 40,7 [+ ou -] 1,8 40,3 [+ ou -] 1,8 ECC (2) inicial 3,2 [+ ou -] 0,1 3,1 [+ ou -] 0,1 ECC final 4,0 [+ ou -] 0,05 4,0 [+ ou -] 0,05 GMD (3) 0,198 [+ ou -] 0,019 0,179 [+ ou -] 0,019 GECC
(4) 0,83 [+ ou -] 0,1 0,92 [+ ou -] 0,1 Grupos geneticos (1) Variaveis T x S Prob.
<li>GE's Immelt claims crisis over, see only growth from now on, sweeps tens of billions of failed GECC
"investments" under the rug (<a href="http://www.bloomberg.com/apps/news?pid=20601087&sid=aWPfkE8OtwvM">Bloomberg</a>)</li>
Air Canada has announced that it has completed a sale and leaseback transaction involving one Boeing 777-300ER aircraft with GE Commercial Aviation Services (GECAS), a division of General Electric Capital Corporation (GECC
Shackleford Road previously was tied to a May 1997 mortgage of $2.5 million held by GECC