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GE Capital |
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GE Capital is Agent for $168 Million Cash Flow Credit Facility to Bellisio Foods |
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Established in 1990, Minneapolis, MN-based Bellisio Foods, Inc., produces frozen food products sold under brands including Michelina's, Lean Gourmet and Budget Gourmet. Bellisio is one of the largest frozen entrée producers in the U.S. averaging 2 million meals a day at its main facility. The company is named after the familial home of founder Jeno Paulucci, in Bellisio Solfare, Italy. "GE Capital's significant financial commitment and flexibility in structuring the transaction were both important to us," said Joel Conner, Chairman and CEO for Bellisio Foods, Inc. "These contributions allowed us to refinance more expensive debt sooner and better meet our working capital requirements." "We're dedicated to providing capital solutions that meet the unique financing needs of our clients," said Tom Quindlen, president and CEO of GE Capital, Corporate Finance. "Working with clients to provide liquidity that's critical to executing their business objectives is our specialty." About GE Capital, Corporate Finance GE Capital offers consumers and businesses around the globe an array of financial products and services. For more information, visit gecapital.com or follow company news via Twitter (@GECapital). 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. Contact:
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