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Alphaliner: Hapag-Lloyd listing hangs by a thread

It will be very difficult for Hapag-Lloyd to get started with the IPO that the container carrier is planning. Several factors are working against a quick introduction on the stock exchange, assesses the analyst agency Alphaliner.

Photo: Hapag-Lloyd

Hapag-Lloyd definitely needs the capital which an initial public offering could offer the carrier as an injection into the giant debt. But the money is not as easily obtained as the carrier presumably believes, according to Alphaliner's assessments in a new analysis.

Last week, Hapag-Lloyd announced that three companies had been selected to lead the German container shipowners on the stock exchange. The selection landed on Goldman Sachs, Deutsche Bank and Berenberg, which now have the task of generating EUR 500 million on the exchange, which is estimated to be possible for the carrier to obtain with the IPO at the end of this year.

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