16.10.2020
Artikel Nummer: 33675
ZIM's tender offer closes
ZIM Shipping Market Investments (the “offeror”) announced the news already on 29 September 2020. In a public offer, investors had been invited to purchase Series 1 and Series 2 bonds issued by ZIM Integrated Shipping Services (the “Tender Offer”).
Now the offeror has announced the results of its tender offer. In the course of this offer, the offeror accepted bonds tendered by their holders with a face value of around USD 54.4 million at a consideration of 80 cents per dollar, with an aggregate consideration of USD 43.5 million.
The purchase of the tendered bonds and the payment of consideration is expected to be completed by Friday, 16 October 2020. (cd)