Moody’s upgrades Global Ports’ rating to Ba1 with stable outlook

Global Ports Investments PLC today announces that rating agency Moody’s Investors Service has today upgraded Corporate Family Rating (CFR) to Ba1 from Ba2 and Probability of Default Rating (PDR) to Ba1-PD from Ba2-PD of Global Ports Investments Plc.

Also, Moody's has upgraded to Ba1 from Ba2 the ratings of the senior unsecured notes issued by the Company's 100%-owned financial subsidiary Global Ports (Finance) Plc. The outlook on the Company and Global Ports (Finance) Plc is stable.

Global Ports

On Main

To the newsfeed

Media registration certificate El No. FS77-68135 of December 27, 2016 issued by Roskomnadzor.
Founder: PortNews Media Group LLC.

Editor-in-Chief: Tkacheva Kristina Viktorovna.

When reprinting materials of PortNews IAA “PortNews” active reference to the agency is obligatory. The use of PortNews IAA “PortNews” materials for commercial purposes is not allowed without the written permission of the agency. Any use of materials is allowed only in the presence of a hyperlink to PortNews IAA.

+7 (812) 570 78 03

editor@portnews.ru

IAA “PortNews” acquaints its readers with the latest news and current trends in maritime and river shipping, shipbuilding and ship repair, port operations, stevedoring services, logistics, development of international transport corridors, port services, construction and reconstruction of GTS, etc. PortNews is the leading source of information and information on the development of international transport corridors.