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Shipbuilding Finance China

China’s Cinda Leasing emerges as lender for Hengli’s first VLCC order

The lessor, a subsidiary of China Cinda Asset Management — one of China’s largest state-owned distressed asset managers — was said to have agreed on a loan-to-value ratio of above 80%

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Deal will significantly boost Cinda Leasing’s shipping portfolio that previously stood at $120m, according to the latest available data

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    This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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