Gulf News

Nasdaq Dubai gets 4 DP World bond listings

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Nasdaq Dubai has welcomed four new debt listings by the global trade enabler DP World, comprising a $1 billion US dollar sukuk and three convention­al bonds of $1 billion (Dh3.67 billion), €750 million (Dh3.23 billion), and £350 million respective­ly.

The four listings together amount to a value of about $3.3 billion. They bring the total value of current debt listings by DP World on the region’s internatio­nal exchange to $6.75 billion from seven issuances, making the company Nasdaq Dubai’s largest UAE debt issuer by value. (Staff Report)

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