MISC sets sail for bigger $1.55bn club deal

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MISC sets sail for bigger $1.55bn club deal

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Photographer:Toshiaki Miura

Petronas subsidiary Malaysia International Shipping Corp (MISC), which approached banks for a loan in March, has increased the size of its fundraising to $1.55bn from the original $700m, opting to arrange the deal on its own as a club.

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