Overseas Shipholding Group – Announces the closing of a $325 million loan to refinance debt – Loan increases liquidity and financial flexibility

Overseas Shipholding Group, Inc. a provider of energy transportation services for crude oil and petroleum products in the U.S. Flag markets, today announced that it closed on a seven-year $325 million term loan credit facility with Stonebriar Commercial Finance (the “Term Loan Refinancing”). Proceeds were used to refinance and replace its existing term loan facility ...

Related Keywords

United States ,America ,Sam Norton ,Dick Trueblood ,Company Vice ,Banc Of America Leasing Capital ,Prudential Insurance Company Of America ,Shipholding Group Inc ,Shipholding Group ,Stonebriar Commercial Finance ,Prudential Insurance Company ,Wintrust Commercial Finance ,America Leasing ,Term Loan Refinancing ,Vice President ,Chief Financial ,Term Loan ,Overseas Shipholding Group ,