Of Interest

GECAS to Sell Aircraft Portfolio to Mizuho, Mertiz Securities

The Korea Economic Daily reported that Mizuho Securities and South Korea’s Meritz Securities will establish a $900 million fund in order to acquire a portfolio of 20 aircraft from GE Capital Aviation Services. read more

National Leasing Joins the Ranks of Canada’s Top 100 Employers

National Leasing was named one of Canada’s Top 100 Employers by Mediacorp Canada. read more

SEC Announces Agenda, Panelists for Fintech Forum

The Securities and Exchange Commission announced the agenda and panelists for its November 14, 2016 forum to discuss fintech innovation in the financial services industry. read more

October Commercial Chapter 11 Filings Down 7% Year/Year

According to ABI, citing data provided by Eqiq Systems, total commercial Chapter 11 filings decreased in October 2016, as the 401 filings were 7% less than the 431 chapter 11 filings registered in October 2015. read more

Volvo Group Looking to Sell Governmental Sales Business

Following a strategic review, Volvo Group intends to initiate a process in order to sell its Governmental Sales business area. read more

Global Jet Capital Appoints Boisture Chairman

Global Jet Capital appointed Bill Boisture as its chairman. He has held senior leadership positions at Gulfstream Aerospace, NetJets, SimuFlite and, most recently, Beechcraft. read more

Business Jet Deliveries Hurt by Lack of Financing

According to new research from Global Jet Capital, 16% of business aviation professionals believe a lack of business aviation finance has contributed to a decline in deliveries. read more

United Leasing & Finance Championship Extended Three Years by PGA

The PGA TOUR and United Leasing & Finance announced a three-year extension of the Web.com Tour’s United Leasing & Finance Championship, contested annually at Victoria National Golf Club in Newburgh, IN. read more

Changes to Basel IV Could Negatively Impact Aircraft Leasing Industry

According to the Irish Times, proposed changes to Basel IV could pose significant issues for Ireland’s aircraft leasing industry. read more

CIT Supports Goode Partners Acquisition of Forman Mills

CIT served as sole lead arranger for a $35 million senior secured facility to support Goode Partners acquisition of Forman Mills. read more

Fitch Affirms GE, GE Capital at ‘AA-/F1+’ Following Baker Hughes Deal

Fitch Ratings affirmed the ‘AA-/F1+’ Long-and Short-Term Issuer Default Ratings for GE and GE Capital Global Holdings following the agreement to combine GE Oil & Gas with Baker Hughes. read more

Huntington Ranks Highest in the Midwest in Small Business Satisfaction

Small business owners rank Huntington Bank highest in overall customer satisfaction in the Midwest region according to the 2016 J.D. Power U.S. Small Business Banking Satisfaction Study. read more

UPS Orders 14 747-8 Freighters in Deal Valued at $5.3B

Boeing and UPS announced an order for 14 747-8 Freighters in a deal valued at $5.3 billion based on list prices. read more

Middle Market Execs Optimistic Overall, Wary of Global Economy

According to CIT Group’s Voice of the Middle Market study, 80% of executives in the space foresee expansion and diversification over the next 12 months. read more

Tri Petch Isuzu Leasing Goes Live with NetSol Financial Suite

NetSol Technologies went live with its NFS Retail platform for Thailand commercial vehicle lessor Tri Petch Isuzu Leasing. read more

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Terry Mulreany
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