Zim announces full early redemption of $349 million principal amount of series 1 and 2 notes due 2023

Haifa, israel, april 22, 2021 /prnewswire/ -- zim integrated shipping services ltd. (nyse: zim), a global container liner shipping company, announced today that it intends to perform a mandatory excess cash redemption of 100% of its series 1 and 100% series 2 unsecured notes due 2023 (together, the "notes") at an aggregate amount of $351.6 million, including accrued interest and accumulated pik interest, in accordance with the terms of the indenture governing the notes (the "indenture").
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