Matson, the US-listed Pacific Ocean carrier, looks set to tap bond investors for its latest round of fundraising.
The shipowner has entered into a private placement commitment letter under which it expects to issue $75m of 11-year senior unsecured bonds.
The bonds, which will carry a fixed coupon of 3.37%, are expected to be issued within the next 90 days, subject to entering into definitive documentation and satisfying other customary closing conditions.
The
