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Pacific Andes looks to raise USD 300m

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By SeafoodSource staff
25 July, 2012 - Pacific Andes International Holdings Ltd. is looking to raise USD 300 million to fund the expansion of its fishing operations in the North Pacific and to repay debt, the company announced in a notice to the Hong Kong Stock Exchange on Tuesday.

The original announcement came on 17 July, but the amount wasn’t revealed at the time.

The company had said it has proposed an issue of unsecured senior notes to institutional investors.

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