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DJ Completes the sale of Port Akdeniz, creating a pure-play cruise operator
Global Ports Holding PLC (GPH)
Completes the sale of Port Akdeniz, creating a pure-play cruise operator
26-Jan-2021 / 07:00 GMT/BST
Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014
(MAR), transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
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Global Ports Holding Plc
Completes the sale of Port Akdeniz, creating a pure-play cruise operator
Global Ports Holding Plc ( GPH or Group ), the world s largest independent cruise port operator, is pleased to
announce that further to the announcement of 21 October 2020, all conditions precedent to the sale of Ortadogu Antalya
26 January 2021 | 09:56am
StockMarketWire.com - Cruise port operator Global Ports said it completed the $140m sale of Ortadogu Antalya Liman Işletmeleri, or Port Akdeniz, to QTerminals after securing regulatory and government clearances.
All conditions precedent to the sale including obtaining regulatory clearance and approval from relevant Turkish government authorities, had been satisfied, the company said,.
As a result of the disposal, GPH will become a more geographically diversified business, with Turkey representing a significantly reduced proportion of group revenue going forward, the company said.
Revenue from Turkish assets represented 47.0% of total revenue in the year ended 31 December 2019; following the disposal of Port Akdeniz, revenue from remaining Turkish assets represent about 10% of 2019 pro-forma revenues, it added.
Global Ports Holding PLC: Refinancing of Eurobond
DJ Refinancing of Eurobond
Global Ports Holding PLC (GPH)
Refinancing of Eurobond
07-Jan-2021 / 18:58 GMT/BST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement. Global Ports Holding Plc Refinancing of Eurobond
Global Ports Holding Plc, the world s largest independent cruise port
operator, announces that its wholly owned subsidiary Global Liman
Isletmeleri 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
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