Port News & Information Mediterranean, Black & Caspian Seas

Fitch Maintains Negative Rating Watch on Global Liman Isletmeleri

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Fitch Ratings has maintained the Rating Watch Negative (RWN) on Global Liman Isletmeleri A.S.’s (GLI) USD250 million senior unsecured notes due in November 2021 – August 31, 2020 The rating watch reflects uncertainty around the Group’s ongoing strategic review, the considerable impact of the coronavirus pandemic on the cruise segment, which comprised around 53% of…

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