Investing in floating assets
Article Abstract:
Some shipowners are testing bond offerings as a source of long-term financing for ships. On such offering, guaranteed fixed-rate notes offered by Humpuss Funding Corp, is evaluated. The $150 million offering consists of 13-year bonds that have a 7.72% coupon rate. The notes are guaranteed by Cometco Shipping and were rated Baa2 by Moody's Investor Service.
Publication Name: Asiamoney
Subject: Business
ISSN: 1607-0526
Year: 1997
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Foreign-funded projects come in for scrutiny
Article Abstract:
China is moving to require approval of all new foreign projects, rather than those valued at $30 million or more. One requirement may be than the funds be in place within one year.
Publication Name: Asiamoney
Subject: Business
ISSN: 1607-0526
Year: 1997
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Brokers set their sights on Asian prizes
Article Abstract:
Taiwan full service brokerage Yuanta Securities Corp. seeks opportunities for investments in Asia despite its economic problems. Greater China may offer opportunities.
Publication Name: Asiamoney
Subject: Business
ISSN: 1607-0526
Year: 1998
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