CIT Provides Up to $30.5 Million Financing for Lomar Portfolio
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Press release content from PR Newswire. The AP news staff was not involved in its creation.
CIT, a division of First Citizens Bank, today announced that its Maritime Finance business served as sole lead arranger on up to $30.5 million in financing to expand Lomar Shipping’s portfolio of dry bulk vessels. The financing, which will be used to acquire Kamsarmax vessels, was arranged to support further diversification of Lomar’s growing fleet. ...
Lomar Shipping, the shipping subsidiary of the Libra Group, has announced the appointment of Dennis Psachos as Chief Financial Officer. He will replace outgoing CFO Manos Kouligkas who has been promoted to a new role within Lomar’s parent company, the Libra Group, an international business group whose subsidiaries own and operate assets in more than ...
Some eVTOL (electric vertical take-off and landing) manufacturers don’t sell their aircraft directly to operators but to specialized lessors who th...
International helicopter and fixed-wing lessor LCI has signed an agreement with Vermont-based Beta Technologies to acquire up to 125 of its Alia electric vertical takeoff and landing (eVTOL) aircraft.