GE Capital is Administrative Agent on $500 Million Credit Facility for Axiall Corporation

  GE Capital is Administrative Agent on $500 Million Credit Facility for
  Axiall Corporation

Business Wire

NORWALK, Conn. -- February 4, 2013

GE Capital, Corporate Finance today announced it is serving as administrative
agent on a $500 million asset-based credit facility for Axiall Corporation
(NYSE: AXLL), created by the merger of Georgia Gulf and the commodity
chemicals business of PPG Industries, Inc. GE Capital Markets served as
co-lead arranger and joint bookrunner for the transaction. The loan is being
used for general corporate purposes.

Headquartered in Atlanta, GA, Axiall is a leading North American chemicals and
building products manufacturer.

“GE Capital has been our lender for more than three years, so they have a deep
understanding of our business,” said Thomas Donahue, vice president and
corporate treasurer for Axiall. “Throughout that time, they have worked with
us to modify our financing structures so that our financial flexibility has
increased as we have evolved.”

“Middle market customers know they can count on us for significant financial
commitments and customized solutions to help support their business
objectives,” said Bob McCarrick, chief commercial officer, lending for GE
Capital, Corporate Finance. “We work closely with customers to ensure they
have the capital they need to build their business.”

About GE Capital, Corporate Finance

GE Capital, Corporate Finance provides asset-based, cash flow and structured
loans and leases to mid-size and large U.S. businesses. Financing supports
working capital, growth, acquisitions, turnarounds and balance sheet
optimization in key sectors: Aerospace and defense; automotive and
transportation; chemicals and plastics; construction and building products,
corporate aircraft; energy; food and beverage; manufacturing; marine; metals
and mining; paper, packaging and forest products; retail; and technology and
electronics. With Access GE, clients also benefit from access to GE’s best
practices to help build their business. Visit or follow
@GELendLease on Twitter.

GE Capital offers consumers and businesses around the globe an array of
financial products and services. For more information, visit or
follow company news via Twitter (@GECapital). GE (NYSE: GE) works on things
that matter. The best people and the best technologies taking on the toughest
challenges. Finding solutions in energy, health and home, transportation and
finance. For more information, visit


GE Capital, Corporate Finance
Jeff Wilson, 203-749-6340
GE Capital, Americas
Ned Reynolds, 203-229-5717
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