Hapag-Lloyd has successfully completed its EUR 352m ($414m) fundraiser launched last month.
A vast majority of 96.5% of existing shareholders exercised their subscription rights and bought more than 11.5m shares for EUR 30 each.
The new shares will carry full dividend rights as of 1 January and the company’s share capital will be increased to EUR 175.76m.
Hapag-Lloyd said it will use proceeds for the repayment of debts as well as for general corporate purposes.