The Port of Nassau in the Bahamas Has Begun a Major Transformation.
Bahamas Port of Nassau To Undergo a Major Renovation and Expansion A popular port on cruises departing from New York and New Jersey, Nassau in the Bahamas is making a massive investment to improve the cruise port. The Project which will be completed in 3 phases, the project has begun. Nassau Cruise Port Ltd. (Nassau Cruise Port) is pleased to announce that it has successfully raised over $130 million through its private bond offering. The bond offering was launched on May 4 and closed on Friday, May 15, 2020. Colina Financial Advisors Ltd. (CFAL), the lead placement agent for the bond issue, has confirmed that the offering was oversubscribed. Mike Maura, Jr., CEO of Nassau Cruise Port, shared his appreciation for the support and confidence of so many investors and stakeholders during these difficult times. “We wish to thank the many investors who recognize the national importance of this project and have given us their backing. We are also very grateful for the assist...