Hapag-Lloyd chips at debt pile with €352m rights issue

By Jon Hay
02 Oct 2017

Shares in Hapag-Lloyd, the German container shipping line, are holding up well as the subscription period for its €352m rights issue begins.


“It’s a small deal [relative to the market cap of €5.9bn] and the core shareholders are all supporting the deal,” said a banker working on it. “We expect a very good take-up.”

The shares closed at €35.50 on Monday, down 0.9% on the day and 10.5% from their ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.