GE Capital Related Content

S&P Cuts GE Ratings on Possible Acquisition-Related Debt

Bloomberg reported that due to concerns that GE may add debt in order fo fund future acquisitions, S&P Global Ratings cut the company’s credit rating. read more

Former GE Capital Exec Named Board Chairman of Exeter Finance

Exeter Finance elected former GE Capital executive Dan Henson board chairman. Henson will replace Blackstone executive Martin Brand, who will continue to serve as a board member. read more

GE Completes Sale of U.S. Restaurant Finance Assets

GE completed the sale of GE Capital’s U.S. restaurant financing assets to First Horizon National, Wintrust Financial and Sterling National Bank. read more

Former GECAS Exec Appointed CEO of Asia Aviation Capital 

AirAsia has appointed former GE Capital Aviation Services executive Stephane Daillencourt as president and CEO of its leasing unit, Asia Aviation Capital. read more

Sherin to Retire; Laxer to Lead GE Capital

Keith Sherin will retire from his post as GE vice chairman and GE Capital chairman and CEO on December 31. He will be replaced by Richard A. Laxer, current GE Capital international president and CEO. read more

GE Capital M&A Leader to Head GE’s M&A Business Development Team

Aris Kekedjian, GE Capital M&A and business development leader, will lead GE’s M&A/business development team effective September 1, 2016. read more

GE Capital Receives Binding Offer to Sell French Mortgage Portfolio

General Electric received a binding offer for the potential sale of its French prime mortgage portfolio from a newly established French FCT entity. read more

Fitch Publishes GE & GE Capital’s ‘AA-/F1+’ Ratings; Outlook Stable

Fitch Ratings published ‘AA-/F1+’ Long-and Short-Term Issuer Default Ratings for GE and GE Capital Global Holdings. Fitch has also published debt ratings for GE and GE Capital, including those of certain GE Capital subsidiaries. read more

GE: $168B Financial Asset Sales Closed Through July

General Electric reported through July, $168 billion in financial asset sales were closed out of $183 billion that were signed. GE also noted its SIFI de-designation was effective June 28. read more

GE Sells Equipment Finance, A/R Businesses to French Bank

GE completed the sale of its equipment finance and receivable finance businesses in France and Germany, with an ending net investment of $6.8 billion, to a French bank. read more

Where Have All the Giants Gone? The Rise and Fall of U.S. Industrial Segment Lessors

There were 17 U.S. Industrial Affiliate equipment leasing and financing companies in the first Monitor 100, 25 years ago. Only one of those companies remains, and next year it will be gone. Dexter Van Dango takes a look back in time at those legacy companies and recounts the stories of their rise and fall.... read more

Monitor 100: 25 Years of Growth

Monitor’s publisher Jerry Parrotto tells the story of how the Monitor 100 began, taking a look at how the industry has changed during the last 25 years. Though U.S. industrial affiliates initially dominated the ranking, they have all but disappeared, paving the way for the growth of banks.... read more

CWB Completes Buy of GE Capital’s Canadian Franchise Financing Assets

Canadian Western Bank completed its previously announced acquisition of the loan portfolio and related business assets of GE Capital's Canadian franchise financing business, now known as CWB Franchise Finance. read more

GE Completes Sale of Asset Management Business to State Street

GE completed the sale of GE Asset Management, the company’s investment management arm, to State Street. read more

Wintrust to Buy $581MM in Loans from GE Capital Franchise Finance

In another divestiture from its franchise finance business, GE Capital will sell off approximately $581 million in performing loans and related relationships to Wintrust Financial. read more

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