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Home Icon > About Us > News > Antong Holdings secures $688m for restructuring

Antong Holdings secures $688m for restructuring

Financially troubled Chinese containership operator Antong Holdings has secured restructuring funds of RMB4.527bn ($688m) from investors. Fujian Zhaohang Logistics Management, the new controller of the company, replenished RMB1.35bn into Antong and the remaining RMB3.17bn was invested by a further 12 financial investors. Antong entered into court-led restructuring in March. Last month, the company’s administrators signed …

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Financially troubled Chinese containership operator Antong Holdings has secured restructuring funds of RMB4.527bn ($688m) from investors. Fujian Zhaohang Logistics Management, the new controller of the company, replenished RMB1.35bn into Antong and the remaining RMB3.17bn was invested by a further 12 financial investors. Antong entered into court-led restructuring in March. Last month, the company’s administrators signed …

[post_title] => Antong Holdings secures $688m for restructuring [post_excerpt] => Financially troubled Chinese containership operator Antong Holdings has secured restructuring funds of RMB4.527bn ($688m) from investors. Fujian Zhaohang Logistics Management, the new controller of the company, replenished RMB1.35bn into Antong and the... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => antong-holdings-secures-688m-for-restructuring [to_ping] => [pinged] => [post_modified] => 2020-11-29 19:20:00 [post_modified_gmt] => 2020-11-29 19:20:00 [post_content_filtered] => [post_parent] => 0 [guid] => https://splash247.com/?p=132088 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )