Sg Cib News

AP Moller-Maersk Planning Roadshow ahead of Euro Benchmark

A.P. Møller - Mærsk A/S rated Baa2/BBB (on review for possible downgrade/CreditWatch negative) by Moody's/S&P, the integrated transport and logistics company, has mandated Barclays, Danske Bank, HSBC, MUFG and SG CIB as Joint Bookrunners to arrange a series of fixed income investor meetings in Europe commencing on the 28th of February 2018. A EUR-denominated Reg S bearer fixed rate senior unsecured benchmark transaction with a maturity of around 8-years is expected to follow, subject to market conditions. The expected transaction serves to pre-fund upcoming bond maturities and to extend the issuer’s maturity profile. Selling restrictions apply. Relevant stabilization regulations including FCA/ICMA apply.