Refinancing of Eurobond
08 May 2021
Global Ports Holding Plc, the world’s largest independent cruise port operator, announces that its wholly owned subsidiary Global Liman İşletmeleri A.S. (the “Issuer”) has today published a proposal to the holders of its $250,000,000 8.125% Senior Unsecured Notes due 2021 (the “Notes”) for the refinancing of the Notes.
This aims to address the upcoming maturity and provide the business with a more stable, deleveraged capital structure.