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Rickmers major lenders back debt refinancing plan

Bank syndicate led by HSH Nordbank extends US$260.2 million new facility on condition medium-term notes will be restructured

Thu, Sep 08, 2016 - 5:50 AM

Tan Hwee Hweebtnews@sph.com.sg@HweetanBT

Singapore

THE major bank lenders of Rickmers Maritime have extended an offer to refinance most of the trust's outstanding bank loans amid a drastic downturn in the container shipping sector.

One key condition of the offer from the senior lenders led by HSH Nordbank is the...

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