Nasdaq Dubai has welcomed four new debt listings by the global trade enabler DP World, comprising a US$1 billion Sukuk and three conventional bonds of $1 billion, EUR750 million, and GBP350 million respectively.
DUBAI, (Pakistan Point News - 26th Sep, 2018) Nasdaq Dubai has welcomed four new debt listings by the global trade enabler DP World, comprising a US$1 billion Sukuk and three conventional bonds of $1 billion, EUR750 million, and GBP350 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 totaling $58.85 billion. Nasdaq Dubai is committed to providing DP World and as well as its other Sukuk and conventional bond issuers with an effective listing infrastructure in a world class regulatory environment.
