GB Credit, CIT Partner to Syndicate $50MM Dana Term Loan

GB Credit Partners announced it has provided a $15 million second lien equipment term loan to Dana Transport. GB Credit said it partnered with CIT Equipment Finance to complete the syndication of a $50 million equipment term loan.

Focus Management Facilitates $116MM Refinance of Dana Transport

Focus Management Group facilitated the $116 million refinance of the senior credit facilities of Dana Transport. Focus served as financial advisor to the liquid bulk transport carrier.

CIT Serves as Lead Arranger in Financing for Dana Transport

CIT said it arranged a $50 million senior secured term loan to Avenel, NJ-based Dana Transport, a transport industry carrier and servicing company.