CIT Delivers $61MM Financing to Advantage Tankers
CIT Maritime Finance provided a $61 million senior secured credit facility to Advantage Tankers, a Marshall Islands-based holding company established to acquire an operating fleet of crude tankers.
CIT Maritime Finance provided a $61 million senior secured credit facility to Advantage Tankers, a Marshall Islands-based holding company established to acquire an operating fleet of crude tankers.
Jaguar Animal Health, an animal health company, obtained a senior secured term loan facility for up to $8 million with Hercules Technology Growth Capital.
THL Credit, a direct lender to middle market companies, announced an amendment of its existing term loan credit facility and an amendment and extension of its revolving credit facility led by ING Capital.
Federal National provided an $8.5 million asset-based line of credit to a health information and technology company and a $3.5 million A/R credit line to an engineering technology and education company.
Bibby Financial Services Canada announced a continued relationship with Albany Packaging. The company recently signed a two-year extension with the firm for a $2.5 million factoring facility.
Saga Communications closed on a new $100 million credit agreement. JPMorgan Chase Bank served as administrative agent in a syndicate that included Huntington and Citizens Bank.
NewStar Business Credit provided a $20 million revolving credit facility to Mad Catz, a designer and marketer of video game accessories for multiple gaming platforms.
Fifth Street Finance finalized an amendment to extend the maturity and reduce pricing on its existing $125 million revolving credit facility with Sumitomo Mitsui Banking Corporation.
North Mill Capital provided a $6 million credit facility to Cliffside, NC-based Abercrombie Textiles.
Presidential Financial closed transaction $5.5MM line of credit to an adhesive manufacturer in Texas.