Placements by NewOcean and AA Reit attract strong demand

The deals are upsized to $100 million and $89 million respectively as investors shrug off deteriorating markets to focus on the fundamentals of the issuers.
<div style="text-align: left;"> NewOcean is about to set up an LPG joint venture with Sinopec </div>
<div style="text-align: left;"> NewOcean is about to set up an LPG joint venture with Sinopec </div>
April 18, 2013

Global markets have come under pressure again this week amid a series of unexpected events, including the Boston bombings, slower-than-anticipated growth in China, the collapse in gold prices, as well as disappointing earnings for Bank of America and concerns about weakening demand for Apple products overnight.

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