DSV has appointed Stefan Krikken as head of air freight
DSV has appointed Stefan Krikken as head of air freight, effective immediately. Mr Krikken will be ...
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
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.
Comment on this article