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Douala container terminal: A ruling from OHADA s CCJA relaunches legal battles between Bolloré-Maersk and the PAD

(Business in Cameroon) - On January 28, 2021, the Common Court of Justice and Arbitration (CCJA) of the Organization for the Harmonization of Business Law in Africa (OHADA) rendered its decision in the case (since 2019) between the Port Authority of Douala (PAD) and a consortium formed by Bolloré and APM Terminals, a subsidiary of the Maersk Group. Indeed, on February 27, 2020, the PAD appealed against the order issued on December 31, 2019, by the Administrative Court of the Littoral to suspend the creation of a delegated authority for the management of the container terminal of the Port of Douala. At the end of a hearing in the framework of that case, the CCJA rejected the appeal lodged by the PAD and condemned it to pay the costs .

APSEZ-Terminal Investment JV raises $300 million in bonds to refinance debt

Mumbai | Updated on December 28, 2020 Adani Ports and Special Economic Zone is the only company from India to have been included in this sector   -  KSL Adani Ports and Special Economic Zone is the only company from India to have been included in this sector   -  KSL× The maiden bond issue of an APSEZ JV Co sets the stage for more such issuances Adani International Container Terminal Pvt Ltd (AICTPL) has raised $300 million in bonds, the first by a joint venture company of Adani Ports and Special Economic Zone Ltd (APSEZ), setting the stage for other joint venture and subsidiary companies of the group to tap the capital market.

Adani International Container Terminal s USD Bond Issuance Oversubscribed 10 Times

Adani International Container Terminal s USD bond issuance oversubscribed 10 times AICTPL, a JV between Adani Ports and Special Economic Zone (APSEZ) and Terminal Investment Ltd (TIL), is a container terminal operating company based out of Mundra, having an annual capacity of handling over 3.1 million TEUs (twenty foot equivalent units). PTI adani 33283582 41190557 Adani International Container Terminal Pvt Ltd (AICTPL) on Monday said its maiden $300 million bond issuance witnessed 10 times oversubscription. AICTPL, a JV between Adani Ports and Special Economic Zone (APSEZ) and Terminal Investment Ltd (TIL), is a container terminal operating company based out of Mundra, having an annual capacity of handling over 3.1 million TEUs (twenty foot equivalent units).

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