Monday, June 11, 2007

BW Group Hires Morgan Stanley and HSBC for Its First Dollar Bond Offering

(Bloomberg) -- BW Group Ltd., a global maritime
company, hired Morgan Stanley and HSBC Holdings Plc to sell
dollar-denominated bonds for the first time, according to an e-
mail sent to investors.

The company, whose clients include Exxon Mobil Corp., is
selling debt maturing in 10 years, the e-mail, which was sent by
one of the banks, shows. BW Group officials plan to meet
investors in Hong Kong, Singapore, London, Los Angeles, New York
and Boston to market the securities, the e-mail said.


Read more at Bloomberg Bonds News

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