First Citizens Bank's Maritime Finance business provided a senior secured loan of $22 million to Euroseas Ltd. for the financing for a newbuild 2,800 TEU Eco containership. Formed in 2005, Euroseas is an owner and operator of container carrier...
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June 26, 2024, 07:30 AM
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Key Equipment Finance, a division of KeyBank and one of the largest bank-based financial services companies in the nation, served as the lead arranger of a group syndication providing $177.5 million in financing for Pasha Hawaii’s second Liquefied...
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July 20, 2023, 07:30 AM
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First Citizens Bank announced that its Maritime Finance business arranged up to $30 million for affiliates of MSea Capital to refinance MR product tankers. MSea Capital founded in 2012 is an international maritime investment and asset manager with...
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July 12, 2023, 07:45 AM
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First Citizens Bank's Maritime Finance group, part of the CIT division, arranged to provide Nordic Handysize IV AS, a subsidiary of Nordic Hamburg, $10 million to finance two dry bulk ships. Nordic Hamburg is a full-service ship owner and operator...
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June 27, 2023, 07:39 AM
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First Citizens Bank's Maritime Finance group, part of the CIT division, has successfully completed the acquisition of $123 million of Greek shipping loans, sharply increasing the bank’s maritime financings for clients in Greece.The loan portfolio...
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June 21, 2023, 07:45 AM
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First Citizens Bank announced that its Maritime Finance group, part of the CIT division, provided financing to Purus Clean Energy, a subsidiary of Purus Marine, to support the acquisition of the MV Green Power, a 40,000 cbm ammonia carrier. Purus...
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March 03, 2023, 07:33 AM
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MarineMax, the world’s largest recreational boat and yacht retailer, completed $1.35 billion in aggregate financing commitments.MarineMax completed the $1.35 billion senior secured credit facilities which is comprised of the following:
$750...
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August 09, 2022, 07:41 AM
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CIT Group's Maritime Finance business provided $35.5 million to finance four commercial shipping vessels operated by Greenyield Shipping LLC. Greenyield is managed by Hayfin Capital Management, one of Europe's leading alternative asset management...
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December 29, 2021, 08:08 AM
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CIT Group announced that its Maritime Finance business arranged to provide up to $58 million to refinance four container ships operated by Leonhardt & Blumberg.The financing includes both term loan and delayed draw components. Leonhardt & Blumberg is...
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November 09, 2021, 07:32 AM
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CIT Group Inc. announced its Maritime Finance business is providing $70 million in financing to Maritime Asset Partners for the refinancing of Sterling LLC. Maritime Asset Partners is a specialized finance platform focused on leasing, secured lending...
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November 02, 2021, 07:39 AM
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CIT Group's Maritime Finance business is providing $42 million in financing for a portfolio of seven dry bulk vessels. Dynamic Bulk Holdings, a leading dry bulk shipping operator, will use the loan to refinance existing debt on its fleet of seven...
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June 25, 2021, 07:52 AM
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