DGAP-Adhoc: Hapag-Lloyd AG: Early partial redemption of EUR 450 million Senior Notes due 2022 in an amount of EUR 170 million

2019. január 31., csütörtök, 15:06





DGAP-Ad-hoc: Hapag-Lloyd AG / Key word(s): Bond


Hapag-Lloyd AG: Early partial redemption of EUR 450 million Senior Notes due 2022 in an amount of EUR 170 million


31-Jan-2019 / 15:06 CET/CEST


Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.


The issuer is solely responsible for the content of this announcement.




Hamburg, 31 January 2019



Hapag-Lloyd AG: Early partial redemption of EUR 450 million Senior Notes due 2022 in an amount of EUR 170 million


Hapag-Lloyd AG (HLAG) has decided to redeem EUR 170 million in aggregate principal amount of its outstanding 6.75% senior notes due 2022 on 11 February 2019 at the fixed redemption price of 103.375 percent.1) USD 152 million (approximately EUR 133 million as of today) of the EUR 170 million will be paid from cash proceeds resulting from the settlement of a receivable of HLAG"s subsidiary United Arab Shipping Company Limited (UASC) which was recognized in the course of the business combination of HLAG and UASC.



1) Regulation S Global Notes: Common Code 155557664, ISIN XS1555576641



Restricted Global Notes: Common Code 155557699, ISIN XS1555576997






Contact:

Heiko Hoffmann

Senior Director Investor Relations


Hapag-Lloyd AG

Ballindamm 25

20095 Hamburg

Phone +49 40 3001-2896

Fax +49 40 3001-72896

Mobile +49 172 875-2126








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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: ir@hlag.com
Internet: www.hapag-lloyd.com
ISIN: DE000HLAG475
WKN: HLAG47
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




771419  31-Jan-2019 CET/CEST







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