28-06-2016 16:20 via feeds.qsrmagazine.com

GE to Sell Restaurant Financing Assets

Image Caption: Image Credit: Selling bulk of GE Capital's assets to three separate buyers.Exclusive Brief: 0GE entered into separate agreements with three buyers to sell the bulk of GE Capital’s U.S. restaurant franchise financing assets. The combined transactions represent ending net investment (ENI) of approximately $1.4 billion as of first quarter 2016 and are collectively expected to release approximately $0.2 billion of capital to GE. The transactions are expected to cl
Read more »