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Global Ports Holding PLC (GPH)
Global Ports Holding Plc
Redemption of Eurobond
Global Ports Holding Plc ("GPH" or the "Group"), the world's largest independent cruise port operator, announces that its wholly owned subsidiary Global Liman Isletmeleri A.S. has today given notice to noteholders of its intention to redeem on 30 June 2021 any and all of the outstanding 8.125% Senior Unsecured Notes due 2021 ($200.3 million as of today) at par plus any accrued and unpaid interest.
The redemption and the redemption date is conditioned upon financial close of the recently announced loan financing. For further details, a copy of the Conditional Notice of Full Redemption can be found on the GLI Eurobond refinancing page of the Company's website. www.globalportsholding.com
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EQS News Service