Chinese box maker looks to U.S. for funds

Asia

Monday, December 31, 2012

China International Marine Containers (CIMC), the world's largest manufacturer of shipping containers, is looking to the U.S. market to raise additional funds. In a notice posted on the Website of the Hong Kong Stock Exchange, CIMC said its Hong Kong subsidiary has signed an agreement with Bank of China and Bank of America Merrill Lynch to sell $600 million in three-year commercial paper in the United States. The company said the New York branch of Ba...

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