China’s Shandong Shipping is aiming to raise $200m after two days of roadshows in Singapore and Hong Kong. Orderbook had reached $1.7bn. The debt matures over five years, backed by a letter of credit.
China’s Shandong Shipping controls a fleet of bulkers, two general cargoships and an LPG carrier, with 14 vessels on order.
Dry Bulk Shipping News - Shipbroker Notes