Port of Bar €20 million financing

Value:

€ 20 million

Dollar value:

$ 24.6 million

Status:

Announced

Date:

26/3/2016

Port of Bar has taken out €20 million in new financing.
Port of Bar is the main sea port in Montenegro and links Montenegro with the rest of the Balkans.
Global Port Holding acted as guarantor.

Katrin Kostadinova - Data analyst

Montenegro

Project finance

Project finance

Montenegro

Transport

Harrisons

Party: European Bank for Reconstruction and Development (EBRD) (Lender)

Kinstellar

Party: Port of Adria (Borrower)

Party: Global Port Holding (Guarantor)

Party: Global Liman Isletmeleri (Shareholder)

Reed Smith

Party: European Bank for Reconstruction and Development (EBRD) (Lender)