First Citizens Bank reports that its maritime finance business has provided a senior secured loan of $22 million to Euroseas Ltd. for the financing for a newbuild 2,800 TEU Eco containership. Formed
First Citizens Bank reports that its Maritime Finance group, part of its CIT division, has provided financing to Purus Clean Energy, a subsidiary of Purus Marine, to support the acquisition of the
CIT, a division of First Citizens Bank, today announced that its Maritime Finance business provided $80 million to refinance two Korean-built containerships operated by Seamax Capital. Founded in 2012 to make investments
New York City based CIT, a division of First Citizens Bank reports that its maritime finance business served as sole lead arranger on up to $30.5 million in financing to expand Lomar
New York City-headquartered CIT Group Inc. (NYSE: CIT) reports that its Maritime Finance business has provided $35.5 million to finance four commercial shipping vessels operated by Greenyield Shipping LLC. Greenyield is managed
CIT Group Inc. (NYSE: CIT) today reports that its Maritime Finance business has arranged to provide up to $58 million to refinance four containerships operated by Leonhardt & Blumberg. The financing includes
CIT Group Inc. (NYSE: CIT) reports that its Maritime Finance business is providing $42 million in financing for a portfolio of seven dry bulk vessels. Dynamic Bulk Holdings, a leading dry bulk
CIT Group Inc. (NYSE: CIT) reports that its Maritime Finance business served as sole lead arranger on a $45 million financing for a portfolio of seven containerships. The financing was arranged on
CIT Group Inc. (NYSE: CIT) reports that its maritime finance business served as sole lead arranger on a $56 million senior secured financing on behalf of Seamax Container Shipping II LLC. The
New York, N.Y., headquartered CIT Group Inc. (NYSE: CIT) reports that its Maritime Finance business led the arrangement of $56 million in financing toward the acquisition of two large commercial shipping tankers,
