GE Capital Serves As Co-Collateral Agent for a $175 Million Senior Secured Credit Facility to ACCO Brands Corporation

GE Capital, Corporate Finance today announced it acted as co-collateral agent for a $175 million revolving credit facility to ACCO Brands Corporation, a leading supplier of branded office products. The loan refinances existing credit and securitization facilities and supports the company’s ongoing working capital needs. GE Capital Markets served as joint-book runner.

Based in Lincolnshire, IL, ACCO Brands Corporation designs, develops, manufactures, markets, and distributes traditional and computer-related office products and supplies principally in the United States, United Kingdom, Australia and Canada. ACCO Brands maintains leading brand names, such as Swingline, Kensington and Day-Timer.

“As a longstanding lender to ACCO Brands, GE has continued to deliver capital to help us meet our needs,” said Neil Fenwick, executive vice president and CFO of ACCO Brands Corporation. “Their strong underwriting and international capability helped maximize liquidity and flexibility.”

"Working with clients and bank groups, GE strives to provide the best financing solutions for our customers," said Tom Quindlen, president and CEO, GE Capital, Corporate Finance. "Expertise in loan structuring and understanding unique client needs means smarter liquidity."

About GE Capital, Corporate Finance

GE Capital, Corporate Finance is one of the largest providers of asset-based, cash flow and structured loans and leases for mid-size and large U.S. businesses. Financing supports working capital, growth, acquisitions, turnarounds and balance sheet optimization in key sectors: Aerospace & Defense, Automotive & Transportation, Chemicals & Plastics, Corporate Aircraft, Financial & Business Services, Food, Beverage & Agribusiness, Government Finance, Marine, Metals & Mining, Paper, Packaging & Forest Products, Retail, Technology & Electronics. Visit gelending.com/clnews.

About GE Capital

GE Capital offers consumers and businesses around the globe an array of financial products and services. 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. For more information, visit the company's Web site at ge.com.