Financial News

Hapag-Lloyd AG: Hapag-Lloyd launches notes offering

DGAP-News: Hapag-Lloyd AG / Key word(s): Issue of Debt

16.01.2017 / 09:57
The issuer is solely responsible for the content of this announcement.

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APPLICABLE. PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THE PRESS
RELEASE.

Hapag-Lloyd launches notes offering

Volume of EUR 150 million / Part of the proceeds will be used for the early
redemption of the USD bond

Hapag-Lloyd AG, a leading global container shipping company, today launched
a euro bond offering with a volume of EUR 150 million and a maturity of
five years. Part of the proceeds, initially amounting to USD 50 million
converted (approx. EUR 47 million), will be used for the early redemption
of US dollar notes due in autumn 2017. The US dollar notes originally had a
volume of USD 250 million, half of which was already repaid in 2015. The
remaining proceeds of the new euro bond will be used for general corporate
purposes (including further repayment of existing indebtedness).

Hapag-Lloyd is one of the leading companies in the industry and generated a
positive net result in the third quarter of 2016 and EBITDA of EUR 381.3
million in the first nine months of 2016.

The new euro bond will be listed on the Luxembourg Stock Exchange. All of
Hapag-Lloyd AG's existing bonds are quoted above par. The Company's shares,
which were listed on the stock exchange in November 2015, are also quoted
higher than its issue price. 


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NOT FOR PUBLICATION OR DISTRIBUTION IN THE UNITED STATES, CANADA, JAPAN OR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.


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16.01.2017 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

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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, 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