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WABASH NATIONAL FINANCE AND GE CAPITAL ANNOUNCE LEASE FINANCING PROGRAM

 DANBURY, Conn., Sept. 21 /PRNewswire/ -- Wabash National Finance Corporation (NYSE: WNC) and GE Capital's Commercial Equipment Financing business recently entered into a financial alliance. This financial alliance will provide GE Capital lease financing to Wabash National customers.
 "This program enables us to provide our customers with cost- effective, off-balance sheet financing for our over-the-road trailers and intermodal equipment," said Richard Dessimoz, vice president and chief executive officer of Wabash National Finance. "As the world's largest equipment lessor, GE Capital brings our dealers and customers creative leasing products -- tailored to each customer's specific needs."
 Mike Neal, senior vice president and general manager, GE Capital Commercial Equipment Financing, said, "We are very pleased to be associated with the fine products manufactured by Wabash National. We believe this lease financing program will make it easier and faster for Wabash's customers to acquire the trailers they need, when they need them."
 GE Capital Commercial Equipment Financing (CEF) is the world's largest supplier of middle-market financing and is highly regarded for its knowledge of equipment, served industries, and for creativity in structuring large, complex transactions. With a $10 billion portfolio, CEF serves more than 30,000 companies in 13 countries. CEF is one of the 23 businesses within GE Capital Services. GE Capital, a wholly owned subsidiary of General Electric Company (NYSE; GE), is a diversified financial services company headquartered in Stamford. GE Capital's financing activities include specialty insurance, consumer services, specialized financing, equipment management, and mid-market financing. GE is a diversified manufacturing, technology and services company with operations worldwide.
 Wabash National Corporation designs, manufactures, and markets standard and customized truck trailers. The company believes that it is one of the two largest U.S. manufacturers of truck trailers, the leading manufacturer of both fiberglass reinforced plastic trailers and aluminum plate trailers, and, through its RoadRailer Division, the leading manufacturer of bimodal vehicles internationally.
 -0- 9/21/93
 /CONTACT: Cindy Harper of GE Capital, 203-796-1034, or Richard Dessimoz of Wabash National Finance, 708-590-1500/
 (GE WNC)


CO: Wabash National Finance Corporation; GE Capital ST: Connecticut IN: FIN TRN SU:

CK-TS -- NY022 -- 4373 09/21/93 17:04 EDT
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Publication:PR Newswire
Date:Sep 21, 1993
Words:352
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