Two banks give China Fishery $295m bridge

DBS and Rabobank have provided China Fishery Group with a bridge loan of $295m to help the company finance its planned acquisition of Copeinca, a Peruvian fishing company.

  • 06 Mar 2013
Singapore-listed China Fishery announced on February 26 that it was offering $555.8m to buy Copeninca. The move will make the Chinese company the biggest producer of fish oil and fishmeal in Peru.

The company is funding its acquisition with a combination of sources: a rights issue that is expected ...

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2 Rabobank 14.41
3 Morgan Stanley 11.73
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1 Wells Fargo Securities 11,897.40 33 11.83%
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3 Citi 9,714.54 32 9.66%
4 JPMorgan 7,997.38 24 7.95%
5 Credit Suisse 6,335.67 14 6.30%