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Published on 3/29/2018 in the Prospect News Bank Loan Daily.

Overseas Shipholding Group prepays $47 million under term loan

By Marisa Wong

Morgantown, W.Va., March 29 – Overseas Shipholding Group, Inc. made an optional prepayment of $47 million under its term loan credit agreement dated Aug. 5, 2014, according to an 8-K filing with the Securities and Exchange Commission.

Jefferies Finance LLC is administrative agent and collateral agent under the credit agreement.

Overseas Shipholding is a Tampa, Fla.-based provider of transportation services for crude oil and refined products.


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