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Tuesday, May 22, 2012
News Making Money

GE Capital, Franchise Finance Provides $25 Million

22/02/2012 08:48 (90 Day 02:21 minutes ago)

The FINANCIAL --  GE Capital, Franchise Finance provided a $25 million credit facility to support an investment in Anthony’s Coal Fired Pizza, Inc. by an affiliate of The Quilvest Group.

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According to General Electric Company, the financing includes a $17 million term loan and an $8 million revolving credit facility. Funding was provided through GE Capital’s bank affiliate, GE Capital Financial Inc.

 

The Quilvest Group has invested around $4 billion in more than 300 private equity and real estate funds and 150 direct investments.

 

Anthony’s Coal Fired Pizza opened their first store in Florida in 2002 and now has 32 locations throughout Florida, Pennsylvania, New Jersey, Delaware, New York and Connecticut.

 

 

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Politics
EU's Ashton 'deeply concerned' by violence in Lebanon

22/05/2012 07:34 (04:35 minutes ago)

The FINANCIAL -- EU foreign policy chief Catherine Ashton said Monday she was "deeply concerned" by violence in Lebanon involving pro- and anti-Syrian groups that has sparked concerns of wider conflict.

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21/05/2012 06:37 (1 Day 05:32 minutes ago)

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