It basically allows their net debt to drop and they are only selling a 20 percentstake -- that means they don't lose control over their port operations' cash flows.
There are not yet any comments on this quote. Why not register / login and be the first?
This quote is just one of 3 total John Teng quotes in our collection. John Teng is known for saying 'It basically allows their net debt to drop and they are only selling a 20 percent stake -- that means they don't lose control over their port operations' cash flows.' as well as some of the following quotes.
Net-net, it is quite positive and would help to alleviate some of the concerns on the credit. There is now ample scope for S&P to remove the negative outlook on its rating.
It basically allows their net debt to drop and they are only selling a 20 percent stake -- that means they don't lose control over their port operations' cash flows.
This quote is just one of 3 total John Teng quotes in our collection. John Teng is known for saying 'It basically allows their net debt to drop and they are only selling a 20 percent stake -- that means they don't lose control over their port operations' cash flows.' as well as some of the following quotes.