Bohai Leasing Plans Sale of Overseas Assets to Lower Debt Ratio

Bohai Leasing Co., owner of container leasing firm Seaco, said it plans to sell some overseas assets to help improve its debt structure.

The Shenzhen-listed company made the comments when responding to a question about whether it intends to sell its container unit to lower its debt ratio in an online session with investors on Friday, according to a transcript of the event. The company hasn’t reached any definitive agreements with any third party, Bohai Leasing added without offering details.

Stonepeak-owned Textainer is in advanced talks to acquire Seaco, Bloomberg News reported on Tuesday, citing people ...