Lorenzo Shipping raises P270M to settle debt

Lorenzo Shipping raises P270M to settle debt

[Inquirer.net] - 12/27/2024

Lorenzo Shipping Corp. will get a fresh P270-million capital infusion from the Magsaysay Group’s National Marine Corp. (NMC) via the issuance of additional shares to help settle its existing liabilities. In a stock exchange filing on Friday, Lorenzo Shipping said it would issue 270 million (…)



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