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GLBS - CIT sole lead arranger on $34.25M financing for dry bulk ship portfolio
Globus Maritime Limited
CIT Group ([[CIT]] +1.0%) announces that its Maritime Finance business served as sole lead arranger on a $34.25M financing for a portfolio of six dry bulk vessels.The financing was arranged on behalf of Globus Maritime Limited (GLBS), a integrated dry bulk shipping operator. The majority of the loan will refinance existing debt on a portfolio of four Supramax and two Panamax dry bulk vessels.