Hanjin ships in its trade receivables

Hanjin Shipping securitizes its trade receivables, getting cheap finance, off-balance sheet.
December 05, 2000

Hanjin Shipping has closed a $150 million securitization of its trade receivables in a deal structured to take some weight off its balance sheet. The transaction was arranged by ABN AMRO, who approached Hanjin five months ago with the idea for a trade receivables securitization deal.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Share our publication on social media
Share our publication on social media