School Specialty News

GE Capital, Corporate Finance today announced it is co-collateral agent on a $200 million asset-based credit facility for School Specialty, Inc., a leading provider of resources and services for pre-Kindergarten to 12th grade educators.

The deal is aimed at providing funds for backing School Specialty's long-term growth, GE Capital Corporate Finance said.

General Electric Company A : According to GE Capital, Corporate Finance has reported it is a co-collateral agent on an asset-based credit facility for School Specialty, Inc.

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Greenville-based School Specialty is a provider of school supplies and accelerated learning products for the pre-K to 12 market.