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Published on 2/2/2011 in the Prospect News Bank Loan Daily.

K-Sea Transportation Partners seeks $250 million ABL revolver

By Sara Rosenberg

New York, Feb. 2 - K-Sea Transportation Partners LP is in market with a $250 million ABL revolver, according to a market source.

UBS is the left lead bank on the deal that was launched with a bank meeting on Jan. 19.

K-Sea Transportation is an East Brunswick, N.J.-based coastwise tank barge operator


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