Seacor Holdings has taken out two loans totaling $200m with an eye on expanding its flush tanker operations.
The New York-listed diversified owner obtained a $100m revolving credit facility and $100m term loan to put toward Sea-Vista, which has a $236m revenue backlog through 2026.
The loans, which are set to mature in 2024, are coming from a syndicate of banks led by JPMorgan Chase.
