Vinalines to hire Credit Suisse for $600 million financing
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Vietnam National Shipping Lines, known as Vinalines, hired Credit Suisse Group AG to help it borrow as much as $600 million, according to a person with direct knowledge of the agreement. Hanoi-based Vinalines, whose Web site lists its main activities as port operations, road transport and freight forwarding, in January borrowed 15 trillion dong ($843 million) from Bank for Investment & Development of Vietnam to expand its fleet and other shipping services.
No-one could be reached for comment when Bloomberg called the company's main switchboard today.
No-one could be reached for comment when Bloomberg called the company's main switchboard today.