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DP World, $6.5bn loan for P&O
- United Arab Emirates: Saturday, February 18 - 2006 at 10:34
State owned Dubai Ports World is to raise $6.5bn next week to fund its purchase of Dubai Ports World, a $200m revolving credit facility and $6.3bn five-year syndicated loan, the largest ever loan facility raised in the Middle East. Barclays Capital and Deutsche Bank are joint lead arrangers, with some 30 banks expected to take part in the syndication.
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Peter J. CooperSaturday, February 18 - 2006 at 10:34 UAE local time (GMT+4)
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This article was updated on Sat Sep 30 2006.
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