Old Hill Partners Provides $16.6MM Term Loan Secured by Supertanker
Old Hill Partners provided a $16.6 million senior secured term loan to a trader and distributor of petroleum products. The loan was secured by a senior mortgage on a very large crude carrier (VLCC), a supertanker with approximately 2 million barrels of capacity.
July 16, 2020
Old Hill Partners | Sam Adams | Very Large Crude Carrier (VLCC)
Phil Neuffer