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MPC Container Ships raises another $100m for fleet expansion

MPC Container Ships raises another $100m for fleet expansion
MPC Container Ships has raised $100m after completing the issuance of a new senior secured bond, which the company said was oversubscribed.

The funds raised from the bond issue are to be used to finance further acquisitions for the fast growing company, which has built up a significant fleet in under six months.

Last month, MPC Container Ships was set up by Germany's MPC Capital in April, listing in Oslo, with a focus to own and operate a portfolio of feeder container ships between 1,000 and 3,000 teu.

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