Global Ports Holding PLC: Launch of Scheme of Arranagement
DJ Launch of Scheme of Arranagement
Global Ports Holding PLC (GPH)
Launch of Scheme of Arranagement
18-Feb-2021 / 13:43 GMT/BST
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Global Ports Holding Plc
Launch of Scheme of Arrangement
Global Ports Holding Plc ( GPH ), the world s largest independent cruise port operator, announces today that its wholly
owned subsidiary Port Finance Investment Limited (the Company ) has launched a scheme of arrangement (the Scheme ) in
connection with the refinancing (the Refinancing ) of the USD250,000,000 8.125% Senior Unsecured Notes due 2021 issued
18 February 2021
The date on which the explanatory statement in connection with the Scheme (the Explanatory Statement ) is made available to the Scheme Creditors.
Early Bird Deadline
5:00 p.m. (London Time) on 4 March 2021 subject to extension by the Scheme Company as described herein.
If the Scheme Company elects in its sole discretion to extend the Early Bird Deadline, it will notify the Scheme Creditors by issuing a notice to Scheme Creditors through the Clearing Systems and making it available on the Scheme Website.
The latest time for a Scheme Creditor to vote in favour of the Scheme by submitting a validly completed Scheme Creditor Letter and related Custody Instruction to be eligible to receive a Consent Fee, and for those Scheme Creditors holding positions in the Notes through DTC, to transfer their positions into an existing securities account with Euroclear or Clearstream (which may include a Euroclear or Clearstream securities account held in DTC) so as to be eli