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SELECTED TRANSACTION DETAILS
CIT Provides $64MM in Financing to Tanker Solutions III
Tuesday, November 4, 2014

Lenders/Participants CIT Maritime Finance [Lender]
CIT Bank [Lender]
Structure Senior Secured Credit Facilities
Amount $64.000 Million
Borrower(s) Tanker Solutions III, LLC
Description 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.
Industry Marine
Related Tags CIT Bank, CIT Group, CIT Maritime Finance




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