US investors snap up 30-year Dubai Ports bondUS investors bought about half the $1.75 billion worth of 30-year bonds sold last week by Dubai port operator DP World, which was forced to give up American assets last year after a row in Washington over security. The world's third larges More… |
Dubai Ports in bonds moveDP World has narrowed price guidance on its 10-year Islamic bond to 115 basis points over US Treasuries maturing in May 2017, the bookrunners said. Initial price guidance set on June 19 was 115-120 basis points, they said in a statement ca More… |
DP World plans $3 billion bondsDubai port operator DP World plans to raise as much as $3 billion by selling two benchmark size bonds, one of which will have a maturity of up to 30 years, a banker who attended the company's presentation said on Sunday. The world's third- More… |