CIT Arranges Up to $58 Million to Refinance Four Container Ships

CIT Group Inc. (NYSE: CIT) today 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 a long-standing shipowner and management firm with an existing managed fleet of …

The post CIT Arranges Up to $58 Million to Refinance Four Container Ships first appeared on Hellenic Shipping News Worldwide.

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