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GE Sells Australia, N.Z. Loans, Leasing to Sankaty Advisors

General Electric Co. is selling its commercial lending and leasing portfolio in Australia and New Zealand to Sankaty Advisors, ending its GE Capital business in the region.

The sale of the loans to Sankaty, along with 3 other disposals in the 2 countries agreed in the past 8 months are expected to close by the end of the first quarter of 2016, GE said in a statement.

The material has been provided by InstaForex Company – www.instaforex.com

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GE Sells Australia, N.Z. Loans, Leasing to Sankaty Advisors Reviewed by on . General Electric Co. is selling its commercial lending and leasing portfolio in Australia and New Zealand to Sankaty Advisors, ending its GE Capital business in General Electric Co. is selling its commercial lending and leasing portfolio in Australia and New Zealand to Sankaty Advisors, ending its GE Capital business in Rating:
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