Yang Ming Marine Transport plans to raise up to TWD 6bn ($193m) via bond sales for debt repayments, according to the Taiwanese container line.

Taiwan-listed Yang Ming said the five-year guaranteed notes would be sold to domestic investors with further details to be announced later.

“The funds will be used to repay loans and maturing bonds,” Yang Ming said.

Total current liabilities of Yang Ming amounted to TWD 54.3bn