CIT signs $32 million credit facility with Norstar Tankers

In:

Transport

Region:

Americas, Asia-Pacific, Europe

Jonathan Bell

Editor-in-chief

CIT Group, a leading transportation finance company, has today announced that CIT Maritime Finance has arranged a $32 million senior secured credit facility to Norstar Tankers. The funds will be used by Norstar to acquire two long range (LR1) product tankers.

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