Media Contact:
Alexandra Mullane
Marketing & Communications Coordinator
Phone: 212.701.3967
Fax: 212.378.2410
amullane@cahill.com

Firm News

Cahill Represents Financing Sources in GEs $11.6 Billion Sale of Plastics Business

Date: 05/21/07

General Electric Co. (NYSE:GE) has announced its sale of GE Plastics business to chemicals company Saudi Basic Industries Corp. in an estimated $11.6 billion cash deal. GE expects the deal to close in the third quarter.

Cahill is representing Citigroup, ABN AMRO, GE Capital and HSBC in the bank financing to fund the acquisition.

Attorney

Media Contact:
Alexandra Mullane
Marketing & Communications Coordinator
Phone: 212.701.3967
Fax: 212.378.2410
amullane@cahill.com