Global Ports Holding Plc’s (GPH) agreement to dispose of Ortadogu Antalya Liman Isletmeleri (Port Akdeniz) to QTerminals W.L.L. is an important step on the way to refinancing Global Liman Isletmeleri A.S.’s USD250 million bullet Eurobond due in November 2021, Fitch Ratings says. However, the expected net proceeds will not be sufficient to fully cover the …
The post Sale of Port Akdeniz Important But Insufficient to Refinance Global Liman’s Eurobond first appeared on Hellenic Shipping News...