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FINANCIAL NEWS
Dubai’s DP World to issue USD500m bond
11 May 2015
(MENAFN) DP World, the company which owns ports around the world, is forecast to raise a sum of USD500 million off a five-year bond, according to the lead managers of the deal, Reuters reported.
DP World has a portfolio of more than 65 marine terminals across six continents, including new developments underway in India, Africa, Europe and the Middle East.
The arrangers for the bond issue are Barclays, Citigroup, Deutsche Bank, Emirates NBD Capital, HSBC, National Bank of Abu Dhabi and Societe Generale.
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