摘要: |
Metairie, La.-based Maritime Partners LLC, a maritime leasing and financing company with a fleet of close to 1,800 inland towboats and barges on long-term charter, has announced completion of the inaugural capital markets issuance of vessel asset-backed securities (ABS) by its affiliate, MP 2023 LLC. Maritime Partners used 316 of its vessels and their associated long-term bareboat charters-valued at $372.3 million-as collateral for a new secured bond totaling $235.3 million. The company has used the capital to pay down existing debt. Additionally, a portion of the capital could be used to fund future growth opportunities. The Class A notes carry a coupon of 7.167 percent over an expected term of seven years. The bonds received an "A" rating from DBRS Inc. and Kroll Bond Rating Agency LLC. |