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A.P. Møller - Mærsk — Capital/Financing Update 2014
Sep 15, 2014
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Download source file ANNOUNCEMENT
A.P. Møller - Mærsk A/S has successfully placed USD bonds
A.P. Møller - Mærsk A/S today successfully launched and priced its inaugural
USD bond offering. The transaction includes a USD 750 million bond due in
September 2019 and a USD 500 million bond due in September 2024, with coupons
of 2.55% and 3.75% respectively.
The transaction is A.P. Møller - Mærsk A/S’ first USD bond offering and both
tranches are expected to be rated BBB+ by S&P and Baa1 by Moody’s. The net
proceeds will be used for general corporate purposes.
Underwriters were Bank of America Merrill Lynch, Barclays, Citigroup, J.P.
Morgan, and RBS.
Copenhagen, 15 September, 2014
Contact person: Head of Media Relations Louise Münter, phone +45 3363 1912
The securities referred to herein have not been and will not be registered
under the US Securities Act of 1933, as amended (the "Securities Act") or any
relevant securities laws of any state or other jurisdiction and may not be
offered or sold in the United States absent registration or an exemption from
the registration requirements of the Securities Act. There will be no public
offer of securities in the United States.
This announcement does not constitute an offer to sell or the solicitation of
an offer to buy debt securities in the United States or any other jurisdiction.
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