Container shipping company Hapag Lloyd [HPLG.UL] will discuss plans to restructure its debt at a supervisory board meeting on Thursday, Financial Times Deutschland said.
The meeting will discuss whether a German government loan guarantee pledge for 1.2 billion euros ($1.51 billion) is still needed, and whether to issue a bond of at least 500 million euros, and extend existing loan facilities, the paper said in its Wednesday edition without citing sources.
Hapag, the world's fifth-largest container shipping company, in 2009 secured a pledge for German state loan guarantees.
The meeting will discuss whether a German government loan guarantee pledge for 1.2 billion euros ($1.51 billion) is still needed, and whether to issue a bond of at least 500 million euros, and extend existing loan facilities, the paper said in its Wednesday edition without citing sources.
Hapag, the world's fifth-largest container shipping company, in 2009 secured a pledge for German state loan guarantees.