Saturday 28 May 2016
 
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DP World

DP World launches $1.2bn sukuk issue to cover tender

Dubai-based ports operator DP World launched a seven-year $1.2 billion sukuk issue on Tuesday, a document from lead managers showed. The issue, structured to be compliant with rules allowing investors in the US to participate, wil

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DP World launches $1.2bn sukuk issue to cover tender

Dubai-based ports operator DP World launched a seven-year $1.2 billion sukuk issue on Tuesday, a document from lead managers showed. The issue, structured to be compliant with rules allowing investors in the US to participate, wil

More…

DP World may increase 2017 sukuk buy-back

DP World expects to expand its sukuk buy-back after receiving offers well above the original target from investors, the Dubai-based ports operator said on Tuesday. The firm, one of the world's largest ports companies, conducte

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DP World may increase 2017 sukuk buy-back

DP World expects to expand its sukuk buy-back after receiving offers well above the original target from investors, the Dubai-based ports operator said on Tuesday. The firm, one of the world's largest ports companies, conducte

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DP World set to price benchmark sukuk

Dubai-based ports operator DP World could price a benchmark-sized US dollar sukuk issue of seven years duration on Tuesday after it released initial price thoughts, a document from lead managers showed. The issue, structured to be

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DP World set to price benchmark sukuk

Dubai-based ports operator DP World could price a benchmark-sized US dollar sukuk issue of seven years duration on Tuesday after it released initial price thoughts, a document from lead managers showed. The issue, structured to be

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Cross border tieups 'key to global trade growth'

There is a need for better international cross-sector connectivity in order to realise the significant trade potential, said Sultan Ahmed Bin Sulayem, the chairman and chief executive of Dubai-based global marine terminal operator DP World Group

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DP World’s Turn8 initiative helps start-ups

The latest round of the Turn8 initiative, a venture fund comprising of a growth accelerator programme for start-up companies complemented by a follow-on investment fund, recently brought eight promising candidates and business investors together

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DP World launches tender offer for $1.5bn 2017 sukuk

DP World could buy back around half of its $1.5 billion sukuk offering which is due to mature in 2017 as the global ports operator seeks to reduce the cost of its debt, it said in a statement on Monday. Holders of the Islamic bond

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DP World education initiative targets 34,000 children

DP World is launching a unique global education programme for 8 to 14 year olds across its international network, and aims to engage 34,000 children by 2020. Working with a specialist agency and consulting with teachers, the conte

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