Schoeller Holdings has sold its 17 containerships to China Development Bank Financial Leasing in a leaseback arrangement.
Included in the $142m transaction are four of Schoeller’s five tankers, which will also be leased back.
CDB Leasing said, in a Hong Kong Stock Exchange filing today, the ships would be leased back to the seller for three to five years, after which Schoeller may buy them back, after paying 20% of the financing …
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Source: The Loadstar