On the wires: Evergreen convertible debut – Taiwan honeymoon over?

“The board of directors resolved to issue the first overseas unsecured euro convertible bonds.” – Evergreen Marine Corporation, 9 July 2020.
If anything, last week’s announcement by Taiwanese carrier Evergreen Marine means that there isn’t enough cash to spare in Taiwan to bail out all the container shipping companies in need of fresh funding there – or just to fund their overly ambitious projects.
Reminder: in early June, Evergreen told The Loadstar that it applied for …

The post On the wires: Evergreen convertible debut – Taiwan honeymoon over? appeared first on The Loadstar.

Source: The Loadstar

Be the first to comment on "On the wires: Evergreen convertible debut – Taiwan honeymoon over?"

Geef een reactie

Het e-mailadres wordt niet gepubliceerd. Vereiste velden zijn gemarkeerd met *

*