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First Citizens Bank Amends Term loan Facility with Globus Maritime, Increasing to $77.25MM

Globus Maritime entered into, amended and restated a term loan facility with First Citizens Bank for an additional borrowing of $25 million, increasing the loan facility to $77.25 million.

CIT Increases Financing by $18MM for Globus Maritime

CIT’s maritime finance business increased its financing for Globus Maritime by $18 million. The lending increase expands CIT’s relationship with Globus Maritime and raises CIT’s total financing to the client to $52.25 million, which is secured by seven dry-bulk shipping vessels.

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Tag Archives: Globus Maritime

First Citizens Bank Amends Term loan Facility with Globus Maritime, Increasing to $77.25MM

CIT Increases Financing by $18MM for Globus Maritime