By Rodricks Wong
Much to everyone’s surprise, the bond market in Asia has suddenly sprung back to life over the past few months. Shipping companies, which have demonstrated their wizardry in the public capital markets are now finding themselves tempted by this window of opportunity. Among those have found success include Nippon Yusen Kaisha, China Chanjiang National Shipping Group, Hyundai Merchant Marine, Mitsui O.S.K. Lines and Berlian Laju Tanker.
Over in Japan, Mitsui O.S.K. Lines (“MOL”) issued two series of secured straight bonds in June this year and raised over JPY 50 billion (USD 528 million). The first
This is only an excerpt of STX Panocean Finds Success with Multiple Bonds – Public Debt Deal of the Year
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