MS “Deutschland“ Beteiligungsgesellschaft mbH, the shipowning entity in the German cruise shipping group Peter Deilmann Reederei, has raised €50 million through an issue of five year notes.
The notes carry a coupon of 6.875% and all the notes were sold well in advance of the closing date of the offer that had been scheduled to be 14 December. The company did not say at what price it sold the notes.
The proceeds would be used to refinance existing debt and to general corporate purposes. The notes will be listed on the Frankfurt Stock Exchange, the company said.
