First Citizens Bank reports that its Maritime Finance group, part of its CIT division, has provided financing to Purus Clean Energy, a subsidiary of Purus Marine, to support the acquisition of the
CIT, a division of First Citizens Bank, today announced that its Maritime Finance business provided $80 million to refinance two Korean-built containerships operated by Seamax Capital. Founded in 2012 to make investments
OCTOBER 16, 2014 — CIT Group Inc. (NYSE:CIT) reports that CIT Maritime Finance provided a $31.8 million senior secured credit facility to Epic Gas Ltd. to acquire two pressurized liquefied petroleum gas
AUGUST 8, 2013 — Back in May, Svein Engh, Managing Director and Group Head of CIT Maritime Finance said that right now is “the perfect time” to be in the maritime finance
MAY 29, 2013 — With less competition in the market and a high demand for refinancing, the perfect time to be in the maritime finance business is right now, according to Svein
