Morgan Stanley Investment Management

Morgan Stanley unit invests in Pasha Group

Morgan Stanley Investment Management reports that, through investment funds managed by Morgan Stanley Infrastructure Partners (MSIP), it has provided an unsecured term loan to the Hawaii-based Pasha Group, whose largest segment is Pasha Hawaii, an ocean freight and automobile shipping business operating in the U.S. West Coast-Hawaii shipping market.

The Pasha Hawaii fleet includes two Ohana Class, 774-foot LNG-fueled, 2,525 TEU Jones Act containerships built at the AmFELS shipyard in...

https://www.marinelog.com/legal/shipping/morgan-stanley-unit-invests-in-pasha-group/

Grab to secure $4.5B in new funding from $39.5B SPAC merger

Singapore-based Grab Holdings announced it will go public on the NASDAQ stock exchange through a merger with special purpose acquisition company (SPAC) Altimeter Growth Corp. (NASDAQ: AGC) in a deal that will value the company at approximately $39.5 billion.

AGC was off more than 5% in morning trading following the news. It closed Monday at $13.95.

Grab will net nearly $4.5 billion in funding from the transaction, including private investment in public equity (PIPE) funding of $4 billion....

https://www.freightwaves.com/news/grab-to-secure-45b-in-new-funding-from-395b-spac-merger

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