{
GLP PTE. Ltd.

Companies

}
001122334455554433221100
001122334455554433221100

glp cancels bond sale amid ongoing financial health concerns

GLP Pte, a major Asian logistics operator, has canceled its dollar bond sale, marking its first attempt to return to the bond market since 2021. The decision reflects ongoing concerns about the company's financial health, as it struggled to generate sufficient demand for its desired pricing. Following this, GLP also withdrew a tender offer for existing notes.
bloomberg.com
GLP PTE. Ltd. SGP
Finance & Economy, Market Report
01:34 04.11.2024

glp's negotiations with guangdong holdings over china stake stall

Negotiations for GLP Pte's stake sale in its China operations to Guangdong Holdings Ltd. have stalled due to disagreements over terms. With the recent $5.2 billion sale of part of its fund management arm, GLP is under less pressure and may explore talks with other potential buyers or options.
bloomberg.com
Guangdong Holdings Ltd GLP PTE. Ltd. SGP
Finance & Economy, Market Report
13:04 25.10.2024
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