Nasdaq Dubai gets four DP World $3.3 b bond listings
DP World’s latest Sukuk listing underlines Dubai’s role as the largest global centre for Sukuk listings by value, currently totalling $58.85 billion
Dubai: Nasdaq Dubai has welcomed four new debt listings by the global trade enabler DP World, comprising a one billion US dollar Sukuk and three conventional bonds of $1 billion, €750 million, 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.
DP World’s latest Sukuk listing underlines Dubai’s role as the largest global centre for Sukuk listings by value, currently totalling $58.85 billion.