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Friday, 18 October 2019 15:16

BC Ferries raises $250 million

581 BC Ferries

 

BC Ferries has raised $250 million through the issuance of senior secured bonds through a syndicate of investment banks. The bonds will bear interest at 2.794 per cent per annum and will mature in 30 years. Along with cash in hand, the proceeds from the sale will be used to provide for capital expenditures and general corporate purposes.

 

 

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