Evergreen to raise USD 300 million to finance newbuilds

Container shipping line Evergreen will try to raise USD 300 million through a bond loan aimed at foreign investors. This is the first time the company tries to raise money abroad.

Photo: Stephen B. Morton/AP/Ritzau Scanpix

Taiwanese container line Evergreen Marine plans to raise a large million-dollar figure to ensure its operations and finance its growing fleet, report several media, including Container News, citing a stock exchange notice from the company.

Altogether, the company wants to raise USD 300 million through a bond loan aimed at the international market.

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