Hapag-Lloyd is issuing fresh debt to repay an outstanding bond for the second time in less than a month.
The German boxship owner has launched an additional EUR 150m ($160m) notes offering, it announced earlier today.
Hapag-Lloyd added the proceeds from the sale will be used to partly redeem existing notes due in 2018.
Earlier in January, the company launched a EUR 150m offering, which was raised to EUR 250m a few days later.
Proceeds from this sale also went toward repaying outstanding debt.
