DSV to replace bank debt with corporate notes

DSV is once more considering to issue corporate notes to reduce its bank debt.

DSV is again considering to issue corporate notes in an effort to reduce its debt to the banks. Last year the company sold bonds for USD 186 million, and the company has now asked Danske Bank, Nordea, and Nykredit to investigate whether there is an interest in the market for another issuance.

"It's a transaction largely similar to the one we performed last year. We're rescheduling our existing debt as part of the continuous nurturing of our debt portfolio," Head of Investor Relations Flemming Ole Nielsen tells Ritzau Finans.

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