PIL completes restructuring after Heliconia lifeline
Temasek-linked Heliconia Capital has injected, as pledged, $600m in debt and equity into the beleaguered family-owned container shipping group. The deal is expected to see the founding family Teos cede equity control to Heliconia
PIL has received $400m in new debt financing, in addition to a $200m equity injection
If content does not display, please refresh your browser.
Not a subscriber?
Find out about tailored subscription packages:
T: +44 (0) 20 3377 3792
Request a Demo Getting a demo tailored to your needs is the best way to see how our solutions will help you gain an advantage.