ShippingWatch

UK fund takes large debt item off hands of HSH Nordbank

A British investment fund has taken over massive debt from HSH Nordbank totalling EUR 126 million and has thus completed the restructuring of the Dutch JR Shipping Group.

HSH Nordbank now has one less debt item in shipping.

A British investment fund is the buyer of the debt as the fund has entered a partnership for the restructuring of a total EUR 126 million with Dutch carrier JR Shipping Group.

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