CMA CGM meets US$80m bailout instalment
by
Andrew Spurrier - Lloyd's List
—
last modified
Feb 04, 2010 11:49 AM
Payment of a US$80m instalment on a US$500m cash facility has given French container shipping group CMA CGM breathing space to hold on for payment of the remainder.
The financial arrangement was put in place by CMA CGM's bankers late last year
The group says that it does not know precisely when the remainder of the bridging facility will be paid but says it is not unduly anxious about...
This full article is available to Lloyd's List DCN subscribers only.
If you are already a subscriber, please sign in below.
If you're not a subscriber and would like to experience the full benefits of Lloyd's List DCN with a 14 day trial, please click here.
Alternatively, click here to subscribe.
