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Rickmers Group refinances debt for billions

German Rickmers Group has signed a comprehensive refinancing deal with the company's banks, and the group has also managed to remove clauses that prevented it from performing large-scale investments.

Rickmers Group, one of the largest shipping companies in Germany, has concluded a comprehensive agreement with its banks concerning general refinancing of debt for EUR 1.28 billion, says Rickmers in a statement on its website.

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