Google+ Followers

Wednesday, 22 February 2012

Dubai's DP World in talks for $1bn loan | Alrroya

Dubai's DP World is in talks with banks for a $1-billion syndicated loan to replace its existing $3bn deal that matures in October, bankers said.

The global ports operator is self-arranging the deal, with pricing within the 200 basis points (bps) bracket, the bankers added.

No one at DP World was immediately available to comment.