Global Ports Holding Plc announced that it has now completed its new five-year loan agreement for up to $261.3 million, with leading global investment firm Sixth Street. As a result, GPH has concluded the early repayment of the $200.3 million outstanding amount, plus accrued interest, of the 8.125% senior unsecured Eurobond, due 14 November 2021, issued by GPH's wholly-owned subsidiary Global Liman Isletmeleri A.S. The loan agreement provides for two term loan facilities, an initial five-year term facility of $186.3m and an additional five-year growth facility of up to $75.0m. The five-year, senior secured loan agreement for up to $261.3 million with Sixth Street facilitated the repayment to Eurobond noteholders and provides flexible growth capital for GPH to pursue an exciting number of expansion opportunities at a dynamic juncture in the global cruise industry.