China Shipping in note issue
by
Hui Ching-hoo, Hong Kong.
—
last modified
Apr 23, 2010 02:52 PM
CHINA’S second largest shipping company, China Shipping Group, was set to issue Yuan2.5bn (US$366m) worth of three-year corporate notes on Tuesday.
The Industrial and Commercial Bank of China has been appointed as underwriter for the issue. The notes will mature on April 21, 2013.
China Shipping Group could not be reached by Lloyd’s List to comment on the note issue, which...
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