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DP World lists $1.75b bond, $1.5b Sukuk on the DIFX
DUBAI — DP World, the Dubai-based international ports operator, yesterday listed a conventional bond worth $1.75 billion and a Sukuk (Islamic bond) of $1.5 billion on the Dubai International Financial Exchange (DIFX).
It is the first issuer to list both conventional and Islamic debt securities on the exchange.
Mohammed Sharaf, the Chief Executive of DP World, said: "Our listings on the region's international exchange give investors an assurance of high quality regulation, as well as providing high visibility. Our inaugural bond issues represent the continuing development of DP World as a truly international company."
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