Splash 2477 Aug 2026Market
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Bing Chen-led Seaspan Corporation has become the first international shipowner and operator to access China’s domestic Panda Bond market, raising RMB1.5bn ($209m) through a three-year private placement. The bond was issued with a coupon of 2.5% and attracted strong demand from both Chinese onshore and international investors. The orderbook was 2.3 times covered. The transaction …