FREE SUBSCRIPTION Includes: The Advisor Daily eBlast + Exclusive Content + Professional Network Membership: JOIN NOW LOGIN
Skip Navigation LinksHome / News / Read News


GE Capital HFS Provided $9B in Financing in 2013

January 14, 2014, 07:00 AM
Filed Under: Healthcare

GE Capital’s Healthcare Financial Services business announced it ended 2013 as one of the most active capital providers in the U.S. healthcare market, deploying approximately $9 billion in new commitments to customers in over 200 transactions. For the fourth consecutive year, GE Capital was the top lead-arranger by volume and number of transactions completed for all financings under $500 million in U.S. healthcare leveraged finance*. Customers across a broad array of healthcare subsectors utilized GE Capital financing to make acquisitions, refinance existing debt, support working capital needs and fund growth initiatives.

“Despite continued uncertainty and volatility in the healthcare sector in 2013, we delivered critical capital to customers across multiple sectors. Our clients can rely on us for a combination of industry expertise, a strong balance sheet and robust capital markets capabilities,” said Darren Alcus, president and CEO of GE Capital, Healthcare Financial Services. “Looking at the year ahead, we expect more M&A activity and continued market consolidation as healthcare executives seek strategic opportunities to maximize efficiencies and scale.”

In 2013, GE Capital, Healthcare Financial Services utilized the expertise of its dedicated teams to meet the needs of customers across three primary segments: Corporate Finance, Healthcare Real Estate, and Life Sciences.

Comments From Our Members

You must be an Equipment Finance Advisor member to post comments. Login or Join Now.