loading

Recent events

GLuna Shrimp owner Gabriel Luna

AdvertisementX
AdvertisementX

Analysis

Pacific Andes top 50 creditors owed over $1.5bn; Rabobank most exposed

Top unsecured creditor Rabobank owed $326m, with lenders such as Standard Chartered, DBS, Bank of America, HSBC and CITIC also on top 50 list owed over $1.5bn

By Tom Seaman | July 1, 2016 10:09 BST
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

Pacific Andes US arm National Fish cuts losses

China Fishery, Pacific Andes file bankruptcy in US

Copeinca China Fishery

Pacific Andes bondholders’ committee hires law firm

Pacific Andes bondholders’ committee hires law firm

Pac Andes US bankruptcy protection filing aims to keep Ng family in control; Bank of America blamed

Pacific Andes

India, Oman target fishmeal export growth after record 2023

free read Daily recap: Russia exempts pollock fillets from export duty; Shrimp prices lift at China show

AdvertisementX

Pacific Andes International Holdings (PAIH) and fifteen other companies in the Ng family’s distressed group owe over $1.5 billion to unsecured creditors, with Dutch lender Rabobank the largest, documents show. [...]

Want to keep reading?

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

Newfoundland political party calls for yanking Royal Greenland’s crab processing license

Rabobank: Global shrimp industry faces mixed outlook amid growing competition, market shifts

United Catcher Boats names Keikkala to succeed founder Paine in top leadership role

free read Royal Greenland names Lynge-Pedersen as new CFO

AdvertisementX

Contact the author [email protected]

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.