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RBS Citizens Provides $32M In Financing For Nouria Energy Corp.

Mar 7, 2014 | Reprints | Unlock Link | Print

RBS Citizens Convenience and Retail Petroleum Finance Group recently completed the closing of a $32 million, five-year credit facility with Nouria Energy Corp.

The transaction includes term loan facilities to refinance existing debt, a development line of credit that will be used to finance the acquisition and/or development of new locations and a revolving line of credit to be used for working capital and letters of credit.

Nouria Energy Corp. is a convenience store operator and wholesale fuel distributor in Massachusetts, Maine, New Hampshire and Rhode Island.

Commercial