CIT Northbridge Credit, as advised by First Citizens Institutional Asset Management, provided a $30 million credit facility to Conexwest, a provider of new, used and refurbished shipping containers.
“As we continue to grow Conexwest, we remain focused on providing our customers with leading solutions for shipping containers supporting a range of business needs,” Vitali Barkouski, president of Conexwest, said. “We appreciated CIT Northbridge’s expertise in arranging this financing that will better position us to pursue our growth objectives.”
“Conexwest has a proven track record of delivering high-quality container solutions to companies with diverse business needs in a competitive market,” Neal Legan, who leads the team that advises CIT Northbridge, said. “This financing reinforces our commitment to our customers to supporting their path for success.”