Credit rating to improve Maersk's lending conditions

Going forward, Maersk will receive credit ratings from Moody's and Standard & Poor's, says the company in a corporate statement. The first ratings are already in place.

Photo: Maersk

A.P. Moeller-Maersk has decided to enter a credit rating collaboration with Moody's Investors Service and Standard & Poor's, said the company in a corporate statetment Wednesday night.

"These ratings are expected to provide A.P. Moeller-Maersk A/S with improved lending conditions through access to a wider group of bond investors along with the possibility of issuing bonds directly in USD," says Maersk in the statement.

Read the whole article

Get 14 days free access.

No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Bawat targets Stockholm listing to raise fresh capital

With an IPO in Stockholm, ballast water system supplier Bawat aims to secure capital for the company’s continued development. The listing comes just six months after the company’s latest cash injection. ShippingWatch has spoken to CEO Marcus Hummer.

Further reading

Related articles

Latest news

See all jobs