GE Capital is agent for C$28.2 Million Credit Facility to Canam Group
MONTREAL, Dec. 9 /CNW Telbec/ - GE Capital in Canada today announced the completion of a six-year C$28.2 million credit facility provided to Canam Group Inc. (TSX: CAM). GE Capital acted as agent of the syndicate which includes Société générale de financement du Québec (SGF) and the major accounts team at the Laurentian Bank of Canada.
Canam Group is a global leader in the design and fabrication of construction products and solutions and a leading provider of design-build and building information modeling (BIM) services. The Company will use the credit facility for working capital needs.
"It is great to see our customers take full advantage of GE's deep domain expertise," said Stéphane Therrien, senior vice president and Chief Commercial Officer of GE Capital in Canada. "We look forward to supporting Canam Group's continued growth."
About GE Capital
With more than 20 offices throughout Canada, GE Capital (gecapital.ca) is a leading provider of financial and fleet management solutions to businesses operating in a broad range of economic sectors, including construction, transportation, energy, manufacturing and retail. The business' customized solutions include leases, asset based working capital and term financing, cash flow financing, corporate aircraft, franchise, business properties and fleet financing as well as financial solutions and services to equipment manufacturers, operators, distributors, dealers and their end users. For more information, visit gecapital.com or follow company news via Twitter (@GECapitalNews). For more information on GE Capital in the Americas, visit gecapital.com/americas. GE (NYSE: GE) is Imagination at Work - a diversified technology, media and financial services company focused on solving some of the world's toughest problems. Visit ge.com
For further information:
Marina Brzeski, Communications Leader, Canada
GE Capital, (514) 713-5321, [email protected]
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