CIT Group Inc. announced that its Maritime Finance business served as sole lead arranger on a $45 million financing for a portfolio of seven container ships. The financing was arranged on behalf of a fund managed by Mangrove Partners, a New York City-based value-oriented investment manager with substantial expertise is shipping assets. All seven vessels …
The post CIT Serves as Sole Lead Arranger on $45 Million Financing for Container Ships first appeared on Hellenic Shipping News Worldwide.