Apr 27, 2011
CMA CGM borrows another $945 million
CMA CGM has borrowed a further US$945 million through the sale of bonds, and it will be restructured for a second time in the space of a year.
The French carrier initially hoped to raise around $800 million, but because demand for the bond issue was high, the initial offering was increased to $945 million.
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Source: ifw
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