Lomar e Arcos

CIT Provides Up to $30.5 Million Financing for Lomar Portfolio

Retrieved on: 
Tuesday, May 24, 2022
ESG, Goal, NASDAQ, First Citizens Bank (Trinidad and Tobago), Aviation, Thought, Libra Group, Industry, Partnership, First Citizens BancShares, Commercial finance, Bulk carrier, Libra, CIT, Parent, Group, CEO, Financial services, Insurance, Lomar e Arcos

NEW YORK, May 24, 2022 /PRNewswire/ -- 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.

Key Points: 
  • NEW YORK, May 24, 2022 /PRNewswire/ -- 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.
  • "Global demand for dry bulk commodities and the shipping needed to transport them remains strong," said Nicholas Georgiou, CEO of Lomar.
  • "We appreciate CIT's maritime expertise and agility in arranging this financing package, which represents long-term confidence in the underlying strength of Lomar's portfolio.

Aliz Hotel Times Square Launches Seasonal Program Offering Guests a Unique Sensory Experience

Retrieved on: 
Friday, November 22, 2019
Lomar e Arcos

Inspired by all seasons, Aliz Hotel Times Square has partnered with Lomar Farms to provide customized candles and in-room amenities to match the hotel's seasonal scent.

Key Points: 
  • Inspired by all seasons, Aliz Hotel Times Square has partnered with Lomar Farms to provide customized candles and in-room amenities to match the hotel's seasonal scent.
  • Aliz Hotel Times Square and Lomar Farms will be hosting a pop-up open to the public on Tuesday, November 26 at Aliz Hotel Times Square's lobby from 1:00 p.m. to 7:00 p.m.
  • Guests can also extend their sensory experience at home by purchasing an Aliz Hotel Times Square branded candle and other Lomar Farms products at the lobby market.
  • "We are excited to offer our guests an immersive experience through our seasonal curated environment and create a different experience for our returning guests," said Nicole Hendrix, General Manager of Aliz Hotel Times Square.