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APL takes $300m loan

APL takes $300m loan

Singapore: APL is taking a $300m term loan from a syndicate of banks led by Sumitomo Mitsui Banking Corp. The $300m term loan is guaranteed by APL's parent NOL and will be used for "general corporate funding purposes". NOL said the loan was not expected to have any impact on net asset value. [17/03/10]

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