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Published on 3/17/2003 in the Prospect News Bank Loan Daily.

TransMontaigne to launch $450 million credit facility in April

By Sara Rosenberg

New York, March 17 - TransMontaigne Inc. is scheduled to launch a new $450 million credit facility during April, according to a syndicate source. UBS Warburg is the lead bank on the deal.

Proceeds will be used to refinance existing debt.

TransMontaigne is a Denver transporter, storer, and marketer of refined petroleum products, chemicals and crude oil.

No further details of the deal are currently being released, the source said.


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