Wan Hai Lines has galloped out of Taiwan for its first ever overshore bond deal for up $400 million that will be done through a Singapore unit. Citigroup and Morgan Stanley will market the 10-year deal in May. Wan Hai, rated BBB- by Standard & Poor’s, is Asia’s biggest intra-regional shipper.
This is only an excerpt of Wan Hai Looks Beyond Taiwan for Bond Deal
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Tags: · China Shipping, Citigroup, Cosco Container Line, Morgan Stanley, Wan Hai Lines
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