Matson said it issued $75m in bonds in a private placement, closing a deal first announced in October.
The New York-listed liner operator’s newly issued senior unsecured notes will carry an 3.37% interest rate.
Hawaii-based Matson’s latest fundraising effort comes as it builds four containerships and conros at US yards General Dynamics Nassco and Philly Shipyard.
The bonds last an average eight years, with final maturity in 11 years.
“We
