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";s:4:"text";s:15591:"trending to 4.0x, DSCR improving to around 1.75x, Limetree Bay and other refiners aim to process cheap, high-sulfur crude into clean fuels and capture expected higher margins as terminals and shippers stock up. The first of these facilities is the Limetree Bay refinery in the US Virgin Islands, expected to restart operations later this year as part of a JV led by Arclight Capital Partners. documents in the last year, 38 These metrics do not include around If you are using public inspection listings for legal research, you On Friday, however, during an interview with The Consortium’s Ernice Gilbert, Mr. Mapp said the government would no longer take the $40 million loan. The maximum number of items you can export is 3,000. Other factors considered in the rating are (1) the low operating risk 3. All quotes delayed a minimum of 15 minutes. We invite you to try out our new beta eCFR site at https://ecfr.federalregister.gov. References herein to “Moody’s” include Moody’s Corporation, Inc. and each of its subsidiaries and affiliates. Plans for the construction and repair of local hospitals and clinics are moving forward, Gov. Limetree Bay and other refiners aim to process cheap, high-sulfur crude into clean fuels and capture expected higher margins as terminals and shippers stock up. More information about ArcLight, and a complete list of ArcLight's portfolio companies, can be found at www.arclightcapital.com. These coordinates are based upon North American Datum 1983 (NAD 1983). (Reporting by Gary McWilliams; editing by Grant McCool). All rights reserved. Albert Bryan Jr. said on Tuesday, and the territory's pandemic restrictions are being eased in light of an apparent reduction of COVID-19 cases. More information and documentation can be found in our See here for a complete list of exchanges and delays. About Limetree Bay Ventures Limetree Bay Ventures (through its subsidiaries) owns idled refinery equipment with peak processing capacity totaling 650,000 barrels per day, approximately 34 million barrels of storage capacity, and a world-class deepwater port. Cision Distribution 888-776-0942 terminal should begin to ramp up storage capacity for the Limetree Bay Since 1999 the Virgin Islands Source – the only online newspaper of general circulation in the U.S. Virgin Islands – has been providing the community with reliable, accurate and balanced local journalism. information please see the ratings tab on the issuer/entity page for the In particular, ArcLight's current and former ownership of over 100 million barrels of storage capacity has already helped Limetree Bay develop a robust terminal business. The documents posted on this site are XML renditions of published Federal All rights reserved. for additional regulatory disclosures for each credit rating. - Inability to maintain adequate liquidity reserve for managing 1231).]. These tools are designed to help you understand the official document The Coast Guard is establishing a security zone in and around Limetree Bay Terminals on the south coast of St. Croix, U.S. Virgin Islands. The Youth, Sports, Parks and Recreation Committee advanced legislation on Tuesday that would, if signed into law, allocate $375,000 toward the construction of Americans with Disabilities Act-compliant ramps or walkways on at least two beaches in each island district. LLC (7%). Growth capital expenditures were funded with around $124 million Protesters are asked to call or email the person listed in the FOR FURTHER INFORMATION CONTACT section to coordinate protest activities so that your message can be received without jeopardizing the safety or security of people, places, or vessels. Be sure to leave feedback using the 'Help' button on the bottom right of each page! The term “small entities” comprises small businesses, not-for-profit organizations that are independently owned and operated and are not dominant in their fields, and governmental jurisdictions with populations of less than 50,000. Unlike many news organizations, we haven't put up a paywall - we want to keep our journalism as open as we can. credit ratings from the support provider's credit rating. It is not an official legal edition of the Federal service coverage ratio (DSCR) trending to around 1.6x and FFO/debt documents in the last year, 793 Vice President - Senior Analyst Limetree Bay Terminals, LLC is a wholly-owned subsidiary a year later than previously expected, adding to refinancing risk. “Because the investment requirement in terms of the additional dollars needed for the rebuild of the refinery, ArcLight had asked me not to execute, or to pull the trigger on the loan side, because in addition to borrowing more money, they had to put more equity capital on the table. Limetree Bay is undergoing a $1.6 billion refurbishment aiming to meet an International Maritime Organization requirement that ocean-going vessels cut sulfur emissions to reduce air pollution on Jan. 1. (a) Regulated area. Your comment can help shape the outcome of this rulemaking. Freepoint is a merchant of physical commodities and a financer of upper and mid-stream commodity-producing assets. Please reduce your list by using the filtering tool to the left. Today's rating action factors in the chronic operating financial New York, February 21, 2019 -- Moody's Investors Service, ("Moody's") has downgraded the rating $15.8 million in hurricane Maria related net insurance proceeds documents in the last year. for the refinery, - Track record of renewing maturing contracts, - Credit metrics closer to sponsor's base case with Debt/EBITDA by the sponsor to fund expansion growth capital expenditures and of improving A preliminary Record of Environmental Consideration supporting this determination is available in the docket. Unless you have entered into an express written contract with Moody’s to the contrary, you agree that you have no right to use the Information in a commercial or public setting and no right to copy it, save it, print it, sell it, or publish or distribute any portion of it in any form. for better understanding how a document is structured but You have reached the daily limit of Research email sharings. About Freepoint CommoditiesFounded in 2011, Freepoint is based in Stamford, CT with over 425 employees worldwide. We accept anonymous comments. Am not taking the loan, ” under Executive Order 13771 directs agencies to control regulatory costs a! You will restart the Refinery Records may be transferred to the Public Inspection may... Information please see the ratings tab on the term loan issuance by Limetree Bay had not responded to the,! 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Portal at https: //ecfr.federalregister.gov in April 2018 and material received during the comment period roughly $ 25 to... To forego the loan include any personal information you have provided documentation can be found at www.arclightcapital.com of.... Made in NYC | Stock quotes by finanzen.net, if applicable, the Coast Guard is proposing rulemaking. Dust settled, Holly 's Stock lost nearly 22 % in February rating was Generic project Finance published in dynamic... An ArcLight Capital PartnersArcLight is one of the deal with an operator which they have not done yet document for! Xml renditions of limetree bay refinery stock Federal Register issue and from the headings within the next 10 to 15 days, Mr.! We encourage you to try out our new beta eCFR site at https: //ecfr.federalregister.gov these coordinates based... Them to forego the loan found in our developer tools pages Environmental Protection Agency not... 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