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Monday, November 30 - 2009

DP World long-term financing

  • United Arab Emirates: Saturday, June 09 - 2007 at 09:19

DP World is aiming to extend its debt maturity profile by selling long-term Islamic and conventional bonds, reported Reuters. DP World is offering a ten year Islamic dollar bond, to be managed by Barclays, Citigroup, the Deutsche Bank and the Dubai Islamic Bank, as well as a long-term dollar bond to be managed by Barclays, Citigroup, the Deutsche Bank and the Lehman Brothers. The size of the issues hasn't been unveiled.

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