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Asia Pacific Containers Finance

OOIL raises $450m to fund newbuilds and containers

Hong Kong-listed company will generate funds through a top-up placing, under which its largest shareholder, Cosco Shipping, will sell its existing shares in the subsidiary to investors, then subscribe for the same amount of additional new shares

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The proceeds from the share sale will be used to fund newbuilding projects and purchase containers

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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