GE's Abu Dhabi financing partnership is set to expand

General Electric's $8 billion joint venture with an Abu Dhabi government-owned development fund, called Mubadala GE Capital, is poised for expansion across the Middle East and Africa and a shift to a self-funded model. The fund has focused on equipment-lease finance and financing transactions and companies through private equity firms. For the first time next year, it will receive a credit rating and sell bonds.

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