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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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