The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
CIT Provides $64MM in Financing to Tanker Solutions III
Tuesday, November 4, 2014
Lenders/Participants
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CIT Maritime Finance [Lender] CIT Bank [Lender]
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Structure
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Senior Secured Credit Facilities
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Amount
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$64.000
Million
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Borrower(s)
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Tanker Solutions III, LLC
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Description
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The facilities support the purchase of up to five long-range (LR1) product tankers, three of which have already been acquired. Terms of the transaction were not disclosed.
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Industry
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Marine
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Related Tags |
CIT Bank, CIT Group, CIT Maritime Finance
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ABL Advisor
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2025
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