Saturday 20 December 2014
 
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ports operator

DP World in talks for $1bn loan

Dubai's DP World is in talks with banks for a $1-billion syndicated loan to replace its existing $3-billion deal that matures in October, bankers said. The global ports operator is self-arranging the deal, with pricing within the 200 b

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DP World records four-fold rise in H1 profit

Dubai-based DP World, one of the world's largest ports operators, posted a near four-fold increase in its first-half profit as it booked a $436 million gain from the sale of its Australian port operations last year. First half profits,

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DP World owner mulls $850m refinancing

Port & Free Zone World (P&FZ), the direct owner of global ports operator DP World  is considering refinancing options for an $850 million financing facility, the prospectus for DP World's London listing showed. Shares in DP Wo

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'No pressure on DP World to sell assets'

Ports operator DP World is under 'no pressure' from the Dubai government to sell its assets for debt repayments, the company's chief operating officer said on Sunday. 'There is no pressure from Dubai to sell assets. We are

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