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Royal Greenland raises $220m from bond market amid fleet renewal, processing expansion

Royal Greenland has issued bonds to a value of $220m on US private placement market, as it builds new trawlers and invests in processing plants at home and in Canada

By Tom Seaman | May 7, 2019 08:59 BST
Avataq launch. Credit: Royal Greenland
The launch of Royal Greenland vessel Avataq. Credit: Royal Greenland
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BRUSSELS, Belgium -- Royal Greenland has issued bonds to a value of $220 million on the US private placement market (USPP), as the state-owned company builds new trawlers and invests in processing plants for whitefish in its home country and shellfish in Canada [...]

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