Published on 5/18/2021 in the Prospect News Emerging Markets Daily.
New Issue: LimakPort concludes $370 million sale of 9½% senior notes due 2036
By Devika Patel
Knoxville, Tenn., May 18 – Limak Iskenderun Uluslararasi Liman Isletmeciligi AS (LimakPort) sold $370 million of 9½% senior secured notes due 2036 (BB-), according to a press release.
UBS AG, London Branch and Merrill Lynch International were managers of the deal.
LimakPort is a port operator based in Iskenderun, Turkey.
| Issuer: | Limak Iskenderun Uluslararasi Liman Isletmeciligi AS
|
| Issue: | Senior secured notes
|
| Amount: | $370 million
|
| Bookrunners: | UBS AG, London Branch and Merrill Lynch International
|
| Maturity: | 2036
|
| Coupon: | 9½%
|
| Settlement date: | May 18
|
| Rating: | Fitch: BB-
|
|
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
