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Pacific Andes taps Singapore bond market for $160m

Pacific Andes issues SGD 200m in bonds, having asked Copeinca bondholders’ last week to give nod to merge Peru ops with its China Fishery division, guaranteeing up to $1.2bn debt

By Undercurrent News | July 22, 2014 17:58 BST
Copeinca anchovy fishing
Anchovy fishing in Peru. Photo: Copeinca
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Pacific Andes Resource Development (PARD), a Singapore listed division of the Hong Kong-based group, has entered into a subscription agreement with DBS Bank to issue bonds worth SGD 200 million ($160m) [...]

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