AP Moller-Maersk today revealed it had signed a massive $6.5bn revolving loan with JP Morgan Chase and HSBC Bank to refinance existing debt and shore up the balance sheet after its takeover of P&O Nedlloyd.
Copenhagen-based Maersk will use part of the loan to replace a $2bn revolving credit loan, but gave no details on terms or whether it would draw down the remainder of the facility.
The
