Subscribe to RSS feedCMA CGM silent over reported debt deal
A FRENCH press report has claimed that container line operator CMA CGM was looking for a one-year moratorium on debt repayments as one of a number of options for extricating itself from its current financial difficulties
The Marseilles-based group, which met French finance ministry officials and banks in Paris last week, declined to confirm the report from business daily La Tribune, who cited an unnamed CMA CGM executive.
A debt moratorium and disposals of non-operational...
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