HSBC acts as underwriter for NOL rights issue

Fri Jun 5, 2009 12:11am EDT
 
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SINGAPORE, June 5 (Reuters) - HSBC (HSBA.L) said on Friday it is acting as a joint lead manager and underwriter on Singapore Netune Orient Line's (NOL) (NEPS.SI) $972 million rights issue. Other joint lead managers and underwriters were J.P. Morgan (S.E.A) Ltd and Morgan Stanley Asia, NOL said in a statement to the Singapore exchange on Friday. (Reporting by Saeed Azhar; Editing by Nopporn Wong-Anan)

 

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