Part of the proceeds, initially amounting to about 47 million euros ($50 million), will be used for the early redemption of US dollar notes due this fall.
The US dollar notes originally had a volume of $250 million, half of which was repaid in 2015. The remaining proceeds will go towards general corporate puposes (including further repayment of existing indebtedness).
The new euro bond will be listed on the Luxembourg Stock Exchange and there will be no public offering of the bonds in the US, American Shipper reported
The US dollar notes originally had a volume of $250 million, half of which was repaid in 2015. The remaining proceeds will go towards general corporate puposes (including further repayment of existing indebtedness).
The new euro bond will be listed on the Luxembourg Stock Exchange and there will be no public offering of the bonds in the US, American Shipper reported