Completes project financing and begins cruise operations at San Juan Cruise Port, Puerto Rico
Completes project financing and begins cruise operations at San Juan Cruise Port, Puerto Rico
- Completes project financing and begins cruise operations at San Juan Cruise Port, Puerto Rico
Completes project financing and begins cruise operations at San Juan Cruise Port, Puerto Rico
Global Ports Holding Plc ("GPH" or "Group"), the world's largest independent cruise port operator, is pleased to announce that its wholly-owned subsidiary San Juan Cruise Port LLC (“SJCP”) has successfully reached financial closing of the PPP Agreement and simultaneously concluded the debt financing for the initial phase of its investment in San Juan Cruise Port and has now taken over cruise operations at San Juan Cruise Port for GPH. - The successful long-term project financing was achieved through the issuance, by San Juan Cruise Port, of two bonds totalling USD 187 million.
- "We are delighted to welcome San Juan Cruise Port into the world's largest cruise port network.
- I would like to thank the Government of Puerto Rico and the Puerto Rico Port Authority for their support throughout the process.