Cit provides $80 million to refinance two container ships

New york , july 12, 2022 /prnewswire/ -- cit, a division of first citizens bank, today announced that its maritime finance  business provided $80 million to refinance two korean-built container ships operated by seamax. "as the container ship market remains strong and our charter exposure solid, we appreciate cit's expertise in arranging financing for these vessels, which aids us in executing on our business strategy," said ron petrunoff, managing partner at seamax.
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