CSSC Shipping issues $800m bonds
Yard-backed lessor says the proceeds will be mainly used to develop its leasing business and repay debts. A total of 12 banks and financial institutions, mostly state-backed ones from China, are listed as subscribers
The guaranteed bonds of $400m due in 2025 and the rest due in 2030 carry an interest rate of 2.5% and 3%, respectively
If content does not display, please refresh your browser.