DP World, a subsidiary of debt-laden state-owned holding company Dubai World, said it had paid regular coupon and profit obligations tied to a sukuk and a bond issue on time.
The ports operator, one of the largest in the world, and listed on Nasdaq Dubai, said it had distributed profit for the 180-day period on its $1.5 billion sukuk issue due in 2017, according to a statement on the bourse website today.
The profit rate was 6.25 per cent for a payout of $46.9 million.
No comments:
Post a Comment