Maersk issues third set of bonds
Danish shipping giant Maersk has issued new bond worth nearly $700 million, the third such issue in the last year for the company, which operates the world's biggest container shipping line.
The previous two issues netted the A.P. Moller – Maersk Group about $1.8 billion.
Reuters reported Friday that the new issue was oversubscribed.
Earlier this month, Maersk announced huge profit through three quarters, helped significantly by the company's container business rebound.
Maersk issues third set of bonds