CDB Financial Unit to Buy, Lease Back Vessel

MT Newswires Live
04-10

A unit of China Development Bank Financial Leasing (HKG:1606) will buy a floating production storage and offloading vessel from TUPI NORDESTE for up to $200 million.

The CDB Financial subsidiary will lease the purchased assets back to the seller over a period of 96 months, a Wednesday filing with the Hong Kong bourse said.

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