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GE Capital |
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GE Capital is Co-Lender in $109 Million Cash Flow Exit Financing for Muzak |
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Headquartered in Fort Mill, SC, Muzak designs and installs custom music programming, on-hold and in-store voice messages, professional sound systems, commercial television, drive-thru systems, digital signage, soundmasking systems and more, through a nationwide network of sales and service locations. "As a longstanding GE borrower, we appreciate having a lender who works with us in both good and challenging times," said Dodd Haynes, CFO for Muzak. "GE's commitment will allow us to move forward and focus our energy on our long-term business objectives." "We worked closely with Muzak to structure financing that would provide the company with an optimal level of liquidity," said Rob McMahon, managing director, GE Capital, Restructuring Finance. "In-depth knowledge of our customers and restructuring finance expertise means more options in tough times for our borrowers." About GE Capital, Restructuring Finance
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