Evidence that the container shipping business remains an attractive proposition for the financial community comes with the news that DVB Bank AG, the Frankfurt- based bank, which specialises in transport finance, has formed a Container Finance Unit specifically designed to provide financial services to the global container industry.
The new unit will focus on the provision of a full range of financial services to container leasing companies and shipping lines, including acting as arranger and underwriter of lending products (ranging from equity to senior secured debt), cross border tax leases and advice in respect of financial restructuring and mergers and acquisitions.
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This complete item is approximately 180 words in length, and appeared in the December 2003 issue of WorldCargo News, on page 13. To access this issue download the PDF here.
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