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Global Ports Holding Plc Raises Strategic Financing From Sixth Street To Strengthen Balance Sheet And Pursue Growth Opportunities

May 24, 2021•about 4 years ago
London

Description

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.

Company Information

Company

Global Ports Holding Plc

Location

London, Ontario, Canada

About

Global Ports Holding Plc is the world's largest independent cruise port operator with an established presence in the Caribbean, Mediterranean, and Asia-Pacific regions. GPH was established in 2004 as an international port operator with a diversified portfolio of cruise and commercial ports. As an independent cruise port operator, the group holds a unique position in the cruise port landscape, operating 20 ports in 13 countries.