Hapag-Lloyd's €352m rights offer ends 96.5% subscribed

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Hapag-Lloyd's €352m rights offer ends 96.5% subscribed

Aidan Gregory
October 17, 2017 04:00 PM
Hapag Lloyd PA 230x150
Stacked containers stand on deck of cargo ship 'Barzan' of shipping company 'Hapag Lloyd', docking at the Burchard quay in Hamburg harbour, Germany, 4 October 2017. The 'Barzan' is one of the largest cargo vessels in the world with a capacity of up to 19,000 containers. Photo: Axel Heimken/dpa | Axel Heimken/DPA/PA Images

Hapag-Lloyd, the German container shipping company, has raised €352m to reduce its debt after its one-for-14 rights issue won a high take-up from its shareholders.

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Deutsche BankGermanyBNP ParibasEquityEuropeFollow-ons and Rights issuesUniCreditEMEAGoldman Sachs
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Aidan Gregory
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