Limetree Bay Terminals Closes $105 Million Financing Arrangement

Limetree Bay Terminals announced on Tuesday that it had completed additional financing transactions in connection with the financing announced in August, which company officials said showed investor confidence in the terminal business after the Limetree Refinery went bankrupt.

In a news release issued Tuesday, Limetree Terminal said investors, including a group of the company’s term-loan lenders, upsized their capital investment in the company by $55 million, bringing the total amount of capital provided under new financing arrangements since August to $105 million.