• BIST 98.415
  • Altın 277,449
  • Dolar 5,7824
  • Euro 6,4409
  • İstanbul 14 °C
  • Ankara 9 °C

Credit Suise finance $1bln Vinashin

Credit Suise finance $1bln Vinashin
Credit Suisse has signed a memorandum of understanding (MOU) to develop a financing program of up to US$1 billion and to provide other financial services for Vinashin.

Credit Suisse to provide $1 billion financing for Vinashin

Credit Suisse has signed a memorandum of understanding (MOU) to develop a financing program of up to US$1 billion and to provide other financial services for Vietnam Shipbuilding Industry Group (Vinashin). The MOU was signed in the presence of Vietnamese Prime Minister Nguyen Tan Dung.

"Credit Suisse is a big believer in Vietnam. We are honored to have been chosen to develop a financing program for Vinashin", said Eric Varvel, Co-Head of Credit Suisse Investment Banking.

Earlier this year, Credit Suisse signed a financing agreement with Vinashin during the World Economic Forum in Davos, Switzerland, which resulted in US$600 million in loans arranged by the bank for Vinashin. That loan was the first and the largest offshore corporate loan arranged for a Vietnamese company.

Vinashin is one of the largest state-owned enterprises in Vietnam with more than 60,000 employees and more than 200 subsidiaries, including 28 shipyards.

"We were very pleased with the first offshore corporate loan arranged by Credit Suisse and would like to continue working with the bank to further expand our business areas," said Pham Thanh Binh, Chairman and CEO of Vinashin.

www.TurkishMaritime.Com.tr

This news is a total 1675 time has been read
  • Comments 0
    UYARI: Küfür, hakaret, rencide edici cümleler veya imalar, inançlara saldırı içeren, imla kuralları ile yazılmamış,
    Türkçe karakter kullanılmayan ve büyük harflerle yazılmış yorumlar onaylanmamaktadır.
    Bu habere henüz yorum eklenmemiştir.
Other News
  • Alternate view of IMO 2020's impact on the tanker market21 September 2019 Saturday 12:25
  • Industry Majors Busy with Securing Financing20 September 2019 Friday 09:32
  • Maersk increases rates from Shanghai to Europe18 September 2019 Wednesday 16:0
  • Maersk announces fresh FAK rates from Asia18 September 2019 Wednesday 13:0
  • CMA CGM announces Asia-Red Sea rates16 September 2019 Monday 09:26
  • APL announces void sailings in October16 September 2019 Monday 08:50
  • Maersk announces fresh increased FAK rates14 September 2019 Saturday 09:47
  • Green ship finance climbs up the agenda13 September 2019 Friday 13:12
  • Sovcomflot, NYK Line Ink Loan to Refinance LNG Carrier Duo12 September 2019 Thursday 15:58
  • HL to apply DG Supervision Charge in Honduras12 September 2019 Thursday 10:22
  • All Rights Reserved © 2006 TURKISH MARITIME | İzinsiz ve kaynak gösterilmeden yayınlanamaz.
    Phone : 0090 212 293 75 48 | Fax : 0090 212 293 75 49 |