Epic Research

Thursday, April 18, 2013

Epic Update: JM Financial

JM FinancialJM Financial backed Samson Maritime, an offshore logistics support services firm, is planning to raise $12.5 million from International Finance Corporation (IFC). The company is planning to utilize these funds for purchasing Anchor Handling Tug Supply Vessel (ATHS). The cost of this vessel is estimated to be at $17 million, part of which will have to be funded via internal accruals.

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