Global Ports Holding PLC Raises Strategic Financing from Sixth Street to Strengthen Balance Sheet and Pursue Growth Opportunities
05/24/2021 | 02:06am EDT
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Global Ports Holding Plc ( GPH ), the world s largest independent cruise port operator, and affiliates of Sixth Street, a leading global investment firm, today announced that they have entered into a $261 million financing arrangement. This new investment from Sixth Street will strengthen GPH’s balance sheet and provide flexible growth capital for GPH to pursue expansion opportunities at a dynamic juncture in the global cruise industry.
“As the world’s largest independent cruise port operator, this timely capital raise reinforces our position as the market leader and gives us the financial flexibility to take advantage of growth opportunities with the resumption of cruising,” said H. Emre Sayın, CEO of Global Ports Holding Plc. “We appreciate Sixth Street providing us with f
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TRADING UPDATES: SIG in good start to 2021; Accsys taps EUR37 million
Wed, 5th May 2021 19:20
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:
SIG PLC - London-based supplier of insulation, roofing, commercial interiors and specialist construction products - Has made an encouraging start to the year, with January and February sales volumes picking up strongly and March and April trading ahead of management s expectations. For first quarter to April 30, like-for-like sales grew 29%, having declined 4% in the same period in 2019.
Accsys Technologies PLC - wood building products manufacturer - Proposes placing to raise EUR33 million and open offer to secure EUR4 million. The net proceeds of the Issue will be used primarily to fund the company s investment in expanding its Accoya business into North America, Accsys says. Plans to build new Accoya plant in US, as part of joint-vent