MISC sends out $750m RFP

By Rashmi Kumar
13 Jun 2013

Malaysia International Shipping Corp has sent out a request for proposal to banks for a loan of around $750m, and is giving lenders until the end of the month to make a pitch.

The deal is likely to have a tenor of five years, said bankers.

MISC’s $1bn five year loan from 2008 matures in September this year, and bankers say the new deal will help it refinance some of that debt.

The shipping company is understood to have mainly ...

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