According to Reuters, French shipping group CMA CGM is planning to raise around €325 million ($378.3 million) through the issuance of a three-year exchangeable bond, which could be reimbursed using its shares in Air France-KLM. CMA CGM said the bond may be repaid either in cash, through Air France-KLM shares, or through a combination of … Continue reading CMA CGM plans exchangeable bond backed by Air France-KLM stake