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Maersk grosses $499.6 million from debt offering


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Maersk grosses $499.6 million from debt offering

A.P. Møller - Mærsk A/S raised gross proceeds of $499.6 million from an offering of 2.875% senior unsecured notes due Sept. 28, 2020.

The company plans to use the proceeds for general corporate purposes or working capital.

Bank of America Merrill Lynch International Ltd., BNP Paribas SA, California Bank & Trust, Credit Agricole Corporate and Investment Bank SA, Deutsche Bank AG and JPMorgan Chase & Co. were the lead underwriters.