Shandong Shipping prices SBLC-backed deal

Shandong Shipping takes advantage of secondary market momentum with a debut bond, credit-enhanced by Agricultural Bank of China.

Jackie Horne

November 06, 2014

Shandong Shipping Corporation made its debut in the international bond markets on Wednesday with a credit-enhanced deal guaranteed by Agricultural Bank of China. A capped $200 million five-year fixed-rate bullet deal was issued in the name of subsidiary SDSC International Finance.

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