Wan Hai wants $167m

Taiwan’s Wan Hai Lines is aiming to raise TWD 5bn ($167m) in a new bond sale.

Taiwan’s Wan Hai Lines is aiming to raise TWD 5bn ($167m) in a new bond sale.

The containership owner has applied to the country’s financial watchdog for permission to issue the debt.

Wan Hai was the most profitable of Taiwan’s three major lines in the first quarter.

It logged attributable profit of TWD 660m versus TWD 130m a year ago.

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