Cash-rich liner operator Zim has completed payment of $351.6m of debt some two years ahead of schedule.
The Haifa-based company completed payment of a $349m bond as well as accrued interest of $2.6m on 21 June.
The payment on Zim’s series 1 and series 2 unsecured notes was originally due in June 2023.
In April, Zim announced the plan to redeem the debt to continue strong cash-flow generation.
