Wallenius Wilhelmsen raises $224m in bond issue
Scandinavian car carrier giant Wallenius Wilhelmsen raised NKr2bn in a bond issue to refinance debt after a $69m loss in the second quarter
Wallenius Wilhelmsen raised $224m in a four-year bond issue, saying it would refinance existing debt. The carrier’s revenue fell 40% from a year ago, but cost cuts and cheaper fuel stopped earnings from sliding further
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