Media Contact:
Lynn Tellefsen
Director of Marketing & Communications
Phone: 212.701.3614
Fax: 212.378.2410
ltellefsen@cahill.com

Legal 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.

Attorneys

Media Contact:
Lynn Tellefsen
Director of Marketing & Communications
Phone: 212.701.3614
Fax: 212.378.2410
ltellefsen@cahill.com