New credits to CMA CGM

CMA CGM has reached an agreement with its its financial partners regarding a USD 500 million credit line. “This important step will enable the group to pursue the current talks regarding its debt restructuring and a capital increase planned for the second half of 2010 with the arrival of new investors. In addition, the agreement with the financial partners is expected to facilitate ongoing discussions with the Korean shipyards concerning the cancellation or the postponement of ships on order.