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LevFinLevFin High Yield Bonds

No blockage ahead for Hapag-Lloyd's SLB debut

hapag lloyd

Shipping company Hapag-Lloyd on Thursday priced the second sustainability-linked bond to hit the euro high yield market, with the new issue’s coupon tied to cuts to the carbon intensity of its fleet. Proceeds refinance an old bond, but the firm will carry on its longstanding programme of replacing older, dirtier ships over the lifetime of the new issue.

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