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AMKBF AP Moller Maersk (PK)

1,735.24
0.00 (0.00%)
Last Updated: 15:11:08
Delayed by 15 minutes
Share Name Share Symbol Market Type
AP Moller Maersk (PK) USOTC:AMKBF OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1,735.24 1,650.00 1,750.00 0.00 15:11:08

AP Moller-Maersk Prices EUR750 Million 3.375% Bond Maturing 2019

21/08/2012 5:41pm

Dow Jones News


AP Moller Maersk (PK) (USOTC:AMKBF)
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   By Ben Edwards 
 

Danish shipping company AP Moller-Maersk A/S (MAERSK-A.KO) priced a 750 million euro ($925.1 million), seven-year bond, one of the banks running the deal said Tuesday.

Barclays PLC, Danske Bank, ING, JPMorgan Chase & Co., Mitsubishi, and Nordea were the lead managers of the sale, which has the following terms:

 
Amount:           EUR750 million 
Maturity:         Aug. 28, 2019 
Coupon:           3.375% 
Reoffer Price:    99.425 
Payment Date:     Aug. 28, 2012 
Spread:           200 basis points over midswaps 
Debt Ratings:     Unrated 
 

Write to Ben Edwards at ben.edwards@dowjones.com

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