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News Stories (13 Results) - Marine

Gordon Brothers, the global advisory, restructuring, and investment firm, has been instructed by KMPG to market for sale the modern and fully equipped marine survey vessel fleet of Bibby Hydromap Ltd, together with the extensive inventory of marine... Read Story

May 01, 2020, 09:10 AM

TCF Inventory Finance, Inc. (TCFIF), a subsidiary of TCF National Bank (TCF Bank) and an indirect subsidiary of TCF Financial Corporation, and Sea Pro Boats announced a definitive agreement to provide inventory financing to the Sea Pro Boats dealer... Read Story

February 28, 2020, 09:15 AM

Bibby Financial Services (BFS) announced a successful Asset Based Lending transaction to Houston-based Praxis Energy Agents. BFS is providing a Revolving Line of Credit of $5 million. Praxis, an international bunker trader, which funds the fuel needs... Read Story

December 22, 2016, 08:05 AM

Scorpio Tankers Inc. announced the upsizing and extension of its BNP Paribas Credit Facility. The company has received an additional $27.6 million commitment from BNP Paribas to upsize its BNP Paribas Credit Facility. The $27.6 million increase of... Read Story

December 12, 2016, 07:56 AM

Navig8 Product Tankers Inc., an international shipping company focused on the transportation of petroleum products, has entered into a $130.3 million senior secured credit facility agreement with Citibank N.A., London Branch and Caixabank, S.A. to... Read Story

April 26, 2016, 07:14 AM

Essex Capital Group, Inc. announced the firm recently arranged a $1.9 million balance sheet recapitalization for All Craft Marine, LLC dba Century Boats, a 90-year old manufacturer of high quality saltwater fishing boats, ranging in size from 17' to... Read Story

March 31, 2016, 07:36 AM

MarineMax, Inc., the nation’s largest recreational boat retailer, announced it has expanded its financing facility to provide for borrowings of up to $260 million from the previous limit of $235 million.The expanded facility has a three-year term... Read Story

November 06, 2015, 07:31 AM

The Executive Committee of Euronav NV  announced that it has signed a new $750 million senior secured amortizing revolving credit facility led by DNB Bank ASA and Nordea Bank Norge ASA acting as coordinators, mandated lead arrangers and bookrunners... Read Story

September 01, 2015, 07:44 AM

US Capital Partners Inc. has provided a $750,000 growth-capital term loan for Action Craft Boats, located in Cape Coral, FL. US Capital Partners is a private investment bank that makes direct debt investments, participates in debt facilities, and has... Read Story

July 29, 2015, 07:35 AM

GE Capital, Commercial Distribution Finance (CDF) announced that it has extended its inventory financing agreement with the American Boat Builders Association (ABA), a major buying group for independent boat builders in the U.S., through 2018. CDF... Read Story

July 10, 2015, 07:54 AM

GE Capital, Commercial Distribution Finance (CDF) announced it has expanded its inventory financing program with Bass Pro Shops and Tracker Marine to include the distribution network of Fishing Holdings, LLC. The agreement will run through 2018.Bass... Read Story

July 09, 2015, 07:37 AM

Hornbeck Offshore Services, Inc. announced that on February 6, 2015, the company amended and restated its existing $300 million revolving credit facility to extend the maturity date and modify certain covenants to provide greater financial... Read Story

February 12, 2015, 07:06 AM

CIT Group Inc. announced that CIT Maritime Finance provided a $31.8 million senior secured credit facility to Epic Gas Ltd. to acquire two pressurized liquefied petroleum gas (LPG) tankers on the secondary market. Headquartered in Singapore, Epic Gas... Read Story

October 16, 2014, 07:24 AM