GE Capital is Co-Collateral Agent in $100 Million Exit Financing


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


GE Capital (NYSE: GE), Restructuring Finance today announced it is co-collateral agent in a $100 million plan of reorganization credit facility to Neenah Enterprises, Inc. The loan supports the company’s pre-packaged exit from bankruptcy protection. GE Capital Markets served as joint lead arranger.Established in 1872 and headquartered in Neenah, WI, Neenah Enterprises, Inc., is a leading supplier of iron castings such as manhole covers and storm grates. The company operates 7 manufacturing facilities serving municipal and industrial customers throughout the U.S.

27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Posted In: NewsMarketsIndustrial ConglomeratesIndustrials