Laszlo Szentirmai and Mike Weiner join deugro's Vancouver management team
Project cargo logistics specialist deugro has strengthened its Vancouver team with the appointment of Laszlo ...
DSV Panalpina announced yesterday to have secured a €500m bond issuance through its DSV Panalpina Finance B.V. arm.
It “successfully placed an aggregate principal amount of €500 million senior unsecured notes due 2031 under its updated EMTN -programme.
“The notes will be issued 3 March, 2021, at a price of 99.815% and with a fixed coupon of 0.500% per annum and will be listed on Euronext Dublin. Standard & Poor’s rated the bonds at A- and Moody’s rated the bonds A3, both in line with their rating of DSV Panalpina A/S.”
Proceeds will be used for general corporate purposes, including refinancing of other indebtedness, while “respecting the group’s unchanged long-term capital structure policy”.
The usual suspects – HSBC, Danske Bank, ING, Nordea and Nykredit – acted as joint bookrunners.
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