Subscribe to RSS feedCMA CGM restructure plan due by December 15
by
Andrew Spurrier - Lloyd's List
—
last modified
Nov 17, 2009 11:25 AM
French container shipping group CMA CGM has set December 15 as the new deadline for reaching agreement with its bankers on a restructuring of its US$5.6bn debt.
The group, which originally announced that it expected to reach agreement by the middle of this month, recently indicated that the talks were more likely to be concluded towards the end of this month.
At the end of last week, however,...
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