London, 13 November 2014 -- Moody's Investors Service has today assigned a definitive B1 rating to the USD250 million 8.125% guaranteed senior unsecured bond due 2021 issued by the Turkish cruise and container port operator, Global Liman Isletmeleri A.S. (Global Ports Holding or GPH). At the same time, Moody's has also affirmed the company's B1 corporate family rating (CFR) and B1-PD probability of default rating (PDR). The outlook on the ratings is stable.

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