CIT Serves as Sole Lead Arranger on $22 Million Financing for Container Ships

CIT Group Inc. (NYSE: CIT) today announced that its Maritime Finance business served as sole lead arranger on a $22 million financing for a portfolio of five container ships. The financing was arranged on behalf of Madison Marine Corp., which is partially refinancing debt on five 4,000-TEU container ships. All five vessels are covered by …

The post CIT Serves as Sole Lead Arranger on $22 Million Financing for Container Ships first appeared on Hellenic Shipping News Worldwide.

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