As Chinese conglomerate HNA Group Co. prepares to acquire Singapore logistics operator CWT Ltd for US$1 billion, potential bankers including Maybank and RHB continue to scrutinise the Company’s business and leverage ratios in order to assess its further debt capacity and its ability to service debt if there is a downturn in the logistics industry. These concerns over HNA’s financing ability have translated to the performance of its outstanding bonds, which have traded down significantly in the past week. HNA Group has announced more than $40 billion of deals since the beginning of 2016, according to data compiled by Bloomberg.
HNA Bonds Weaken on Plans for $1 Billion CWT Takeover
My relatives every time say that I am killing my time here at web, however I know I am getting knowledge daily by reading thes good content.| а
Hello! I simply wish to offer you a huge thumbs up for your excellent info you’ve got right here on this post. I will be returning to your site for more soon.|
Thank you very much