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Organization: Pacific Andes

The issuer's bonds defaulted in 2016
Organization name
Pacific Andes International Holdings Limited
Country name
Hong Kong
Country of registration
-
Industry
Food and Beverage Production
Bond debt
147 mln USD

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Profile

Established in 1986 and listed on the Mainboard of The Stock Exchange of Hong Kong Limited in 1994, Pacific Andes International Holdings Limited (1174.HK, "Pacific Andes" or the "Group") is a fully integrated group of companies with operations across the entire seafood value chain which includes harvesting, sourcing, ocean logistics and transportation, food safety testing, processing and distribution of frozen fish products, as well as fishmeal and fish oil. The Group's businesses span across the world with particular emphasis in the China market while it has processing factories located in China, Japan, North America and Peru. Today, Pacific Andes is one of the world's largest fishing group, supplier of frozen fish into the China market and fish fillet producer. Pacific Andes' resource development and supply chain management division, Pacific Andes Resources Development Limited ("PARD"), and its industrial fishing arm, China Fishery Group Limited ("China Fishery"), were listed on the Singapore Exchange in 1996 and 2006 respectively.

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