Hapag-Lloyd AG: Hapag-Lloyd successfully places bond / Volume upsizing to EUR 250 million / Increased part of proceeds will be used for early full redemption of existing USD Notes
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 AD HOC RELEASE.
Hapag-Lloyd successfully places bond / Volume upsizing to EUR 250 million / Increased part of proceeds will be used for early full redemption of existing USD Notes
Hapag-Lloyd AG has successfully placed a bond today with a volume of EUR 250 million. Due to the high demand Hapag-Lloyd was able to upsize the bond from the originally announced volume of EUR 150 million to EUR 250 million. The bond with a maturity of five years has a coupon of 6.75%. The emission price was 100.00%. The bond will be listed on the Luxembourg Stock Exchange. After the upsizing of the bond an increased part of the proceeds, amounting to USD 125 million converted (approx. EUR 117 million), will be used for the early full redemption of US dollar notes due in autumn 2017. The remaining proceeds will be used for general corporate purposes (including further repayment of existing indebtedness).
Disclaimer NOT FOR PUBLICATION OR DISTRIBUTION IN THE UNITED STATES, CANADA, JAPAN OR AUSTRALIA. These materials are not an offer of securities for sale in the United States. The securities to which these materials relate 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. These materials are not an invitation nor are they intended to be an inducement to engage in investment activity for the purpose of Section 21 of the Financial Services and Markets Act 2000, as amended ("FSMA"). These materials are directed only at (i) persons outside the United Kingdom; or (ii) persons in the United Kingdom that are "qualified investors" within the meaning of Section 86(7) of FSMA that are also (a) persons authorized under FSMA or otherwise having professional experience in matters relating to investments and qualifying as investment professionals under article 19 of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the "Financial Promotion Order"); or (b) high net worth companies, unincorporated associations and other persons to whom article 49(2) (a) to (d) of the Financial Promotion Order applies; or (c) any other persons to whom these materials for the purposes of Section 21 of FSMA can otherwise lawfully be made available (all such persons together being referred to as "Relevant Persons"). Any person in the United Kingdom that is not a Relevant Person should not act or rely on these materials. The securities or any investment or controlled activity to which such securities relate are only available to, and will be engaged in only with, Relevant Persons.
18-Jan-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.deLanguage: English
Company: Hapag-Lloyd AG Ballindamm 25 20095 Hamburg
Germany Phone: +49 (0) 40 3001 - 2896 Fax: +49 (0) 40 3001 - 72896 E-mail: firstname.lastname@example.org 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 Announcement DGAP News Service
537407 18-Jan-2017 CET/CEST