Tidewater Announces Refinance Package
Tidewater Holdings, Inc. announced that it has entered a $115 million refinance package with Northwest Farm Credit Services. Northwest FCS was the lead arranger and Barclays (BCS) acted as sole placement agent on the refinance package.
Tidewater’s operations include terminal services and tug and barge operations on the Columbia and Snake River systems in the Pacific Northwest. A major part of the company’s business is providing farmers a safe, clean, and economic way of transporting agricultural commodities, primarily wheat, to export grain elevators on the Lower Columbia and Willamette Rivers.