I wrote Rickmers a couple of weeks ago.
I got the following answer.
Please let me know, your idea about this email.
>>>>Thank you for your inquiry.
The recent development of the bond price reflects the increasingly overcast of the global container shipping markets, as well as the volatile environment of the capital markets, especially of the German micro bond market.
To counteract the weak market conditions, strengthen the Rickmers Group’s liquidity position, and reorganise the company’s debt structure we have developed a package of measures that is being implemented. Accordingly, our focus is currently on refinancing our bank loans and we have been able to make progress in this endeavor as you may have read in our Half-Year Report and our press release dated November 11th, 2016 (see files attached).
Please understand that in accordance with the legal requirements we can’t comment on future events that reach beyond these published forecasts.
We can however confirm that we will inform our bondholders about any relevant events in due course. Our Annual Report 2016 will be published on April 30th, 2017.<<<<