Hanjin ships in its trade receivables

Hanjin Shipping securitizes its trade receivables, getting cheap finance, off-balance sheet.
December 05, 2000

Hanjin Shipping has closed a $150 million securitization of its trade receivables in a deal structured to take some weight off its balance sheet. The transaction was arranged by ABN AMRO, who approached Hanjin five months ago with the idea for a trade receivables securitization deal.

Sign In to Your Account To Access Exclusive FinanceAsia Content!

Please sign in to your subscription to unlock full access to our premium FA resources.

Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial - no registration fees required. Click the link to get started.

Note: This free trial is a one-time offer.

Questions?
If you have any enquiries or would like a quote for a team or company licence, please contact us at [email protected]. Our subscription team will be happy to assist you.

Share our publication on social media
Share our publication on social media