Mediaboss Marketing

---------------------------------------------------------------------------

Rickmers bond: Early closure of subscription period on Wednesday evening

Hamburg, 5 June 2013 - Rickmers Holding GmbH & Cie. KG, parent of the Rickmers Group of shipping companies, will close the order book for its corporate bond issue (ISIN: DE000A1TNA39, WKN: A1TNA3) ahead of time today, Wednesday 5 June 2013. The subscription period will end today at 5pm CET. Initially the subscription period was expected to last until 7 June 2013.

The listing of the bond in the Freiverkehr of the Frankfurt Stock Exchange (Open Market, Entry Standard) with participation in the Prime Standard for Corporate Bonds is expected as of 11 June 2013. Trading on a when-issued basis is possible starting 6 June 2013. The issuance and value date remains 11 June 2013.

The corporate bond has a maturity of five years and an annual coupon of 8.875 percent. Net proceeds from the issue are to be used to finance growth and investments, and to refinance bank liabilities / refinancing costs.

Sole Global Coordinator and Sole Bookrunner for the transaction is Close Brothers Seydler Bank AG, Frankfurt am Main (Germany). Co-lead manager is TUSK Capital Management Limited, London (UK). The issue is accompanied by Conpair Corporate Finance GmbH, Essen (Germany), as financial advisor.

About Rickmers Group Headquartered in Hamburg, the Rickmers Group is an established international provider of services for the maritime industry, vessel owner and ocean carrier. It is internationally represented with more than 20 offices in eleven countries and over 50 sales agencies worldwide. The business activities of the Rickmers Group are divided into three segments: Maritime Assets, Maritime Services and Rickmers-Linie.

With its Maritime Assets segment, the Rickmers Group acts as asset manager for its own and for third-party vessels, initiates and coordinates vessel projects, arranges financing and acquires, charters out and sells vessels. In the Maritime Services business segment, the Rickmers Group provides ship management for Rickmers Group's own and for third party vessels, including technical and operational management, crewing, newbuilding supervision and advisory and insurance-related services. In the Rickmers-Linie business segment, the Rickmers Group offers global breakbulk, heavy lift and project cargoes liner services and individual sailings complementing the liner services.

Press enquiries:

Kirchhoff Consult AG Sebastian Bucher T: +49 (0)40 60 91 86 18 F: +49 (0)40 60 91 86 60 E: sebastian.bucher@kirchhoff.de

See original here:
DGAP-News: Rickmers bond: Early closure of subscription period on Wednesday evening