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Listing prospectus for Containerships plc’s EUR 50.5 million bond available

CONTAINERSHIPS PLC, STOCK EXCHANGE RELEASE 30 March 2016 at 18:00 EET Containerships plc issued on 2. April 2015 senior secured notes in the amount of EUR 45 million to institutional investors with the possibility to issue additional notes in the amount of EUR 25 million. Containerships plc issued on 28 October 2015 additional notes in the amount of EUR 5.5 million to institutional investors. The loan was fully subscribed. The four year loan rate is based on the three month euribor rate and the loan margin is 7.5 per cent. In the loan terms it has been committed to list the bond on Nasdaq Helsinki Ltd’s stock exchange list.

The Finnish Financial Supervisory Authority has today approved the listing prospectus of the bond. The prospectus is available in English on the company’s website at www.containershipsgroup.com/finance as of 30 March 2016.

The proceeds of the offering have been applied towards refinancing of the issuer’s refinancing debt, towards the purchase of new containers, LNG vessels, trucks and trailers and towards general corporate purposes of the group. The proceeds from the additional offering will be applied towards preparing for potential future acquisitions and towards general corporate purposes of the group

Download press release in English (PDF) >>

Download press release in Finnish (PDF) >>

For more information, please contact

CONTAINERSHIPS PLC
Kari-Pekka Laaksonen, CEO
tel. + 358 20 744 1364
email: kari-pekka.laaksonen@containerships.fi

DISTRIBUTION:
Nasdaq Helsinki Ltd
Main media
www.containershipsgroup.com

 

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