IN BRIEF: Global Ports withdraws plans to refinance notes due 2021

Tue, 06th Apr 2021 19:45

Global Ports Holding PLC - cruise port operator - Says its subsidiary Port Finance Investment Ltd has decided to withdraw the scheme of arrangement relating to the proposed refinancing of the USD250.0 million 8.125% senior unsecured notes due 2021 issued by Global Liman Ä°sletmeleri AS. The withdrawal of the scheme is effective as of Tuesday.

Current stock price: 135.38 pence, up 11% on Tuesday

Year-to-date change: up 33%

By Evelina Grecenko; evelinagrecenko@alliancenews.com

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