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IN BRIEF: Global Ports buys back bonds in tender offer

Tue, 20th Apr 2021 06:49

Global Ports Holding PLC - London-based cruise port operator - Spends USD44.7 million buying back bonds in tender offer. Weighted average purchase price was about 90% of face value. Company had offered to buy back up to USD75.0 million of the USD250.0 million 8.125% bonds due this year.

Current stock price: 122.00 pence

Year-to-date change: up 20%

By Ivan Edwards; ivanedwards@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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