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Overseas Shipholding repays $42.2 million of term loan borrowings
By Sara Rosenberg
New York, Aug. 3 - Overseas Shipholding Group Inc. prepaid $42.2 million of secured term loans due through 2014 on July 1, according to a news release.
In addition, on June 24, the company terminated its $200 million secured credit facility previously associated with its U.S. Flag master limited partnership.
Overseas Shipholding is a New York-based provider of energy transportation services.
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