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04/02/2016

Grupo Douro Azul lists €20 million in Bonds

To celebrate the raising of €20 million in bonds, Douro Azul CEO, Mário Ferreira, rang the Closing Bell with the Euronext team. This issue aims to support the growth of Douro Azul Group's, that plans to issue in the near future more bonds in the amount of € 17.5 million.

The Douro Azul Group, the largest operator of river cruises in Portugal, with an operation on the Douro River for more than 20 years , has activity in the tourism and leisure sector , with special focus on the segment of river cruises which currently represent 98% of its sales. In 2015, Mystic Invest acquired 100% of the German operator Nicko Cruises , becoming one of the major players in river cruising segment , operating in 12 different cities and three continents.