German container shipping company Hapag-Lloyd plans to issue a bond worth around 500 million euros in September, a source told Reuters.
"We have to take advantage of the currently good market environment," a source close to the matter told Reuters after Hapag-Lloyd's supervisory board had approved the bond issue on Thursday.
HSH Nordbank [HSH.UL] and Deutsche Bank (DBKGn.DE) are among the banks that will manage the bond issue, the source said.
Hapag-Lloyd and shareholder TUI declined to comment.
The shipper also aims to obtain a syndicated credit line of about 500 million euros.
"We have to take advantage of the currently good market environment," a source close to the matter told Reuters after Hapag-Lloyd's supervisory board had approved the bond issue on Thursday.
HSH Nordbank [HSH.UL] and Deutsche Bank (DBKGn.DE) are among the banks that will manage the bond issue, the source said.
Hapag-Lloyd and shareholder TUI declined to comment.
The shipper also aims to obtain a syndicated credit line of about 500 million euros.
