loading

Recent events

GLuna Shrimp owner Gabriel Luna

AdvertisementX
AdvertisementX

World

Pacific Andes to issue $53m in new shares to pay back debt; nets Copeinca bond extension

Rights issue could see three bank creditors net 15% stake in Pacific Andes, but more debt raising could be needed as group has until March 2015 to redeem $250m Copeinca notes

By Undercurrent News | Nov. 11, 2014 17:58 GMT
Processing in Pacific Andes Qingdao. Picture: Pacific Andes 2014 sustainability report
Processing in Pacific Andes International Holdings' plant in Qingdao, China. Picture: Pacific Andes 2014 sustainability report
Related

SPRFMO: Draft IUU list still under scrutiny; all vessels considered innocent for now

Jack mackerel

Pacific Andes in talks to raise more debt as share price drops on high trading

Carlyle shareholding in China Fishery diluted

Pacific Andes subsidiary launches project for small-scale shrimp farmers

Pacific Andes subsidiary launches project for small-scale shrimp farmers

Motley Fool warns Pacific Andes’ receivables, inventory outpacing revenue growth

Processing in Pacific Andes Qingdao. Picture: Pacific Andes 2014 sustainability report

Moody’s downgrades China Fishery

Peruvian fishmeal fleet catches 63% of anchovy TAC

Five US seafood ports to be hit hardest by new strike threat

AdvertisementX

Pacific Andes International Holdings unveiled plans to raise HKD 410.4 million ($53m) worth of new shares, in a deal that could see of its creditor banks own 15% of the Hong Kong-listed group. [...]

Want to keep reading?

Sign up for a trial to have full access to our articles for 7 days!

Peruvian fishmeal market ‘very active’ as season unfolds

Canadian lobster industry worried about potential US tariffs

NGO plans to sue Cooke over alleged water pollution by Maine salmon farms

NOAA to propose seafood import monitoring expansion again, acknowledge forced labor

AdvertisementX

Stay on the pulse

Get recommendations, data, editor’s picks, and the latest news from around the seafood world straight to your inbox.

Select your interests

Please select at least one newsletter d indicates our daily newsletters | 2w indicates twice-weekly | All others sent weekly All briefings are sent weekly, unless otherwise indicated
Region
Breaking news
Jobs
Species
Topic

Fill in your details

Please select at least one newsletter!
  • (eg new industry reports, prices data)
  • (eg subscription or report early birds)
  • (eg advertising, trade shows news)
How we handle your data We never share, sell or distribute our subscribers’ data. You may at any time unsubsribe from our newsletters, and request that we erase all information stored about you. Please check our Privacy policy for more details.

We use MailChimp and HubSpot as our email campaign platforms. By subscribing, you agree that the information you provide will be transferred to MailChimp and HubSpot for processing in accordance with their privacy policies (MailChimp privacy policy, HubSpot privacy policy) and terms (MailChimp terms, HubSpot terms).

Thank you. Please check your inbox to confirm your selection and start receiving newsletters.

Cookies on Undercurrent News

We use cookies for performance, security and analytics. To stop seeing this banner click Accept, or select Manage cookies to set your preferences and privacy settings.