News

Change to the VSC rouble-denominated bond program

Global Ports Investments PLC ("Global Ports" or the "Company" and, together with its subsidiaries and joint ventures, the "Group") (LSE ticker: GLPR) today announces that Vostochnaya Stevedoring Limited Liability Company (VSC), 100 % subsidiary of the Company, has registered an increase of its Rouble-denominated Bond Programme with the Moscow Exchange from 30 billion Russian roubles up to 100 billion Russian roubles.

The Programme was registered in November 2020 and Rouble-denominated Bonds with total principal of 27.5 billion Russian roubles were issued in 2020-2022. The increase has been made with the aim of facilitating greater financial flexibility, diversification of the debt portfolio and further decrease on FX risk in line with financial policy of the Group.

Source – Global Ports < Back to list