GE Corporate Lending Provides $130 Million Cash Flow Credit Facility to JHT Holding, Inc.

NORWALK, CT – GE Commercial Finance Corporate Lending has provided a $130 million cash flow credit facility to JHT Holding, Inc., a truck transport services company. GE Capital Markets arranged and syndicated the transaction and also provided JHT with interest rate risk management products and services. The loan increases the company’s liquidity and will be used for recapitalization purposes.

“The trucking industry as a result of new emissions standards is faced with higher priced engines and increased operating costs,” said Gene Leary, transportation industry leader for GE Corporate Lending.