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Prospect News home > News index > List of issuers H > Headlines for Hapag-Lloyd AG > News item
Published on 7/3/2017 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Hapag-Lloyd to redeem bonds due 2018, 2019 via €300 million issue

By Susanna Moon

Chicago, July 3 – Hapag-Lloyd AG plans to redeem its euro bonds due 2018 and its euro bonds due 2019 using proceeds of a new issue.

The redemption has been slated for October of this year, according to a company announcement.

Hapag-Lloyd plans to price €300 million of seven-year senior notes on Tuesday under Rule 144A and Regulation S, as reported by Prospect News on Monday.

The issuer is a Hamburg, Germany-based container ship company.


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