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

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

31-Jan-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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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:	[email protected]
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