DP World Antwerp Gateway secures long-term financing to support expansion plans
DP World has secured a 20-year €258m (US$290.1m) refinancing package for its Antwerp Gateway terminal as part of ambitious plans to increase automation and container capacity.
The transaction is the first European terminal asset to price in the private market since the outbreak of COVID-19.
Rob Harrison, DP World Antwerp CEO, said: “We are delighted to secure this financing. The excellent terms and structuring reflect the Institution’s positive view of Antwerp Gateway as both an asset and an investment.
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