Once a rife practice pre-credit crisis, anecdotal evidence of bond ratings shopping is surfacing as the debt markets become buoyant again. Treasurers and investors beware.
Troubles in shipping has caused the 78-year-old Japanese liner, Sanko Steamship Company’s chartering business model to collapse as it declared bankruptcy this month.
Andrew Beckham, CFO of Jakarta-headquartered mining company Bumi Resources, talks to The Corporate Treasurer about governance, the benefits of Indian and Chinese banking, a new fuel hedging strategy and why it’s best for a company not to have too much debt.