First Citizens Bank announced its Maritime Finance group, part of the CIT division, arranged to provide Nordic Handysize IV AS, a subsidiary of Nordic Hamburg, $10 million to finance two dry bulk ships.Nordic Hamburg is a full-service ship owner and...
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June 27, 2023, 07:07 AM
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First Citizens Bank announced its Maritime Finance group, part of the CIT division, has successfully completed the acquisition of $123 million of Greek shipping loans, sharply increasing the bank's maritime financings for clients in Greece.The loan...
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June 21, 2023, 07:18 AM
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First Citizens Bank announced its Maritime Finance group, part of the CIT division, provided financing to Purus Clean Energy, a subsidiary of Purus Marine, to support the acquisition of the MV Green Power, a 40,000 cbm ammonia carrier.Purus Marine...
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March 03, 2023, 07:10 AM
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First Citizens Bank announced its Maritime Finance group, part of the CIT division, served as sole lead arranger on $44.2 million in debt financing for Navios Maritime Partners L.P. (Navios Partners). Proceeds from the financing, which is secured by...
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January 19, 2023, 07:05 AM
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CIT Group Inc. announced its Maritime Finance business served as sole lead arranger on a $34.25 million financing for a portfolio of six dry bulk vessels.The financing was arranged on behalf of Globus Maritime Limited, an integrated dry bulk shipping...
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May 13, 2021, 07:11 AM
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Stonebriar Commercial Finance, an independent large-ticket commercial finance company, announced it has funded YTD and is currently projected to fund through 2021, with more than $355 million secured by Jones Act-compliant marine vessels, including...
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November 24, 2020, 07:05 AM
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CIT Group Inc. announced it has named Evan Cohen as Managing Director and Group Head for its Maritime Finance business.In his new role, Cohen leads a team of underwriting and business development professionals in building new client relationships and...
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November 13, 2018, 07:20 AM
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