![The carrier revealed it had drawn up a series of other measures to further reduce debt, which included raising $860 million from the sale and leaseback of vessels. Shipping](https://www.stattimes.com/statbackend/assets/uploads/cma-cgm-to-sell-10-facilities-for-968-million-to-terminal-link.jpg)
December 26, 2019: In an attempt to reduce the debt burden, CMA CGM has finalised the terms of its sale of 10 terminals. The French carrier said would receive $968 million in cash for the transfer of 10 facilities owned by the line to Terminal Link, a joint-venture in which it holds 51 percent and Chinese port operator China Merchants the remaining stake.
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