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Equity

Iffy loan mart prompts Maersk to ready debut bond, sell $1.6bn equity

AP Moller-Maersk, the Danish shipping and oil group, turned to the equity markets this week for the first time since its listing in 1982 to boost its balance sheet and raise cash for acquisitions before a planned debut in the bond market. The company also wants to reduce its dependence on syndicated loans.

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