You are here

Nordbank ready to sell shipping loan package

Move follows failed 300m euro attempt late last year

[HAMBURG] HSH Nordbank AG, the world's largest financier of vessels, is preparing a portfolio of shipping loans for sale after a previous package worth about 300 million euros (S$516 million) failed to attract investors.

"We dropped one transaction at the end of last year, as the...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes