Chiyoda of Japan set for bail-out by Mitsubishi for restructuring ahead of new LNG contracts

Tuesday, 07 May 2019

Mitsubishi Corp. of Japan is planning to refinance the Japanese energy and LNG engineering company Chiyoda Corp. with a capital injection of at least $1.4 billion to help it recover from project setbacks and to secure some of the liquefaction plant work in a new wave of forthcoming contracts.

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