Shipping Tycoon Aponte’s TiL Gets $2.5 Billion in Private Debt

Terminal Investment Ltd., the port operator controlled by Italian billionaire Gianluigi Aponte, raised $2.5 billion through a privately-placed bond sale.

The debt sale by the company, known as TiL, was split between seven, 10-, 12- and 20-year maturities, and ranks among the bigger private placements so far this year, according to people familiar with the matter. The package was denominated in both dollars and euros, they said.