Soc. Gen and KDB Get Mandate for Hanjin’s $200M Facility for Newbuildings

FM learned that Hanjin Shipping mandated yesterday Soc. Gen and KDB (Korea Development Bank) to arrange a $200m facility for a newbuilding order. The company has ordered 3x 6,500TEU container vessels at a high price of $94.5M per vessel with delivery from Hyundai Heavy Industries in 2007. The facility has a 12-year term at 100 basis points with full repayment. The facility covers 70% of the total order price.

This is only an excerpt of Soc. Gen and KDB Get Mandate for Hanjin’s $200M Facility for Newbuildings

Content is restricted to subscribers. To continue reading please Log-In or view our subscription options.

Existing Users Login
Username
Password

Related Archive Files

• No Related Post