Independent journal on economy and transport policy
13:36 GMT+1
NOL issues 7-year notes worth S$540mil
(The Star Online)
June 19, 2001
NEPTUNE Orient Lines Ltd (NOL) has launched an issue of 7-year notes totaling S$540mil (US$300mil) after setting up a US$1bil medium-term note (MTN) programme for up to 10 years.
The Singapore flag carrier, which owns container group APL, said that the funds raised would be used for expansion and to refinance existing borrowings.
The issue, with a coupon ...... Read more on The Star Online
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