07.02.2017
Hapag-Lloyd AG DE000HLAG475
DGAP-News: Hapag-Lloyd AG: Hapag-Lloyd successfully places Additional Notes
DGAP-News: Hapag-Lloyd AG / Key word(s): Issue of Debt
Hapag-Lloyd AG: Hapag-Lloyd successfully places Additional Notes
07.02.2017 / 16:08
The issuer is solely responsible for the content of this announcement.
---------------------------------------------------------------------------
NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE
UNITED STATES, CANADA, AUSTRALIA OR JAPAN OR ANY OTHER JURISDICTION IN
WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. OTHER RESTRICTIONS ARE
APPLICABLE. PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THE PRESS
RELEASE.
Hapag-Lloyd successfully places Additional Notes
Volume upsizing of Additional Notes to EUR 200 million / Emission price of
102.375% / Proceeds will be used for partial redemption of existing 2018
Euro Notes
Hapag-Lloyd AG has successfully placed Additional Notes and was able to
upsize the volume from the originally announced EUR 150 million to EUR 200
million due to high demand. The Additional Notes are issued under the
indenture dated 1 February 2017 with a maturity of five years and a coupon
of 6.75%. The emission price was 102.375% leading to a yield to maturity of
6.19%. The proceeds from the sale of the Additional Notes will be used to
redeem a portion of Hapag-Lloyd's existing 7.75% Senior Euro Notes due
2018.
"After successfully refinancing our US dollar bond due in autumn to a
significantly lower coupon, with the completion of a bond tap offering, we
have now taken advantage of the favorable market environment to also
optimize the maturity profile of our other existing bonds," said Nicolás
Burr, Chief Financial Officer of Hapag-Lloyd.
The Additional Notes will be listed on the Luxembourg Stock Exchange.
About Hapag-Lloyd
With a fleet of 166 modern container ships and a total transport capacity
of 953,000 TEU, Hapag-Lloyd is one of the world's leading liner shipping
companies. The Company has around 9,400 employees at 366 sites in 121
countries. Hapag-Lloyd has a container capacity of 1.5 million TEU -
including one of the largest and most modern fleets of reefer containers. A
total of 125 liner services worldwide ensure fast, reliable connections
between all the continents. Hapag-Lloyd is one of the leading operators in
the Transatlantic, Latin America and Intra-America trades.
Disclaimer
NOT FOR PUBLICATION OR DISTRIBUTION IN THE UNITED STATES, CANADA, JAPAN OR
AUSTRALIA. This announcement is not an offer of securities for sale in the
United States. The securities to which this document relates have not been
registered under the U.S. Securities Act of 1933, as amended (the
"Securities Act"), and may not be offered or sold in the United States
absent registration or an exemption from registration under the Securities
Act. There will be no public offering of the securities in the United
States. This publication constitutes neither an offer to sell nor a
solicitation to buy any securities. In the United Kingdom, this document is
only being distributed to and is only directed at persons who (i) are
investment professionals falling within Article 19(5) of the Financial
Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended)
(the "Order") or (ii) are persons falling within Article 49(2)(a) to (d) of
the Order (high net worth companies, unincorporated associations, etc.)
(all such persons together being referred to as "Relevant Persons"). This
document is directed only at Relevant Persons and must not be acted on or
relied on by persons who are not Relevant Persons. Any investment or
investment activity to which this document relates is available only to
Relevant Persons and will be engaged in only with Relevant Persons.
---------------------------------------------------------------------------
07.02.2017 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
---------------------------------------------------------------------------
Language: English
Company: Hapag-Lloyd AG
Ballindamm 25
20095 Hamburg
Germany
Phone: +49 (0) 40 3001 - 2896
Fax: +49 (0) 40 3001 - 72896
E-mail: [email protected]
Internet: www.hapag-lloyd.com
ISIN: DE000HLAG475, USD33048AA36
WKN: HLAG47, A1E8QB
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard), Hamburg;
Regulated Unofficial Market in Berlin, Dusseldorf,
Hanover, Munich, Stuttgart, Tradegate Exchange
End of News DGAP News Service
---------------------------------------------------------------------------
542475 07.02.2017
|
Weitere Ad-hoc und Unternehmensrelevante Mitteilungen zu
Hapag-Lloyd AG ISIN: DE000HLAG475 können Sie bei EQS abrufen
Logistik/Verkehr , HLAG47 , HLAG , XETR:HLAG