SDSC navigates busy market with SBLC-backed bond

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SDSC navigates busy market with SBLC-backed bond

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Photographer:Toshiaki Miura

State-owned Shandong Shipping Corporation (SDSC) started receiving bids for a $200m capped bond on November 4 as the issuer looks to trump a busy market with a standby letter of credit (SBLC) provided by one of the joint global co-ordinators.

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