DP World signs $3b loan deal, say sources | GulfNews.com:
"DP World, one of the world’s largest port operators, has signed a $3 billion loan deal, becoming the latest Dubai entity to take advantage of buoyant funding conditions to improve terms on its debt.
The new five-year facility is split between a $2.39 billion conventional loan and a $610 million sharia-compliant tranche, according to two sources aware of the matter, who spoke on condition of anonymity as the information isn’t public.
A spokeswoman for DP World referred Reuters to an April 24 statement, in which the company said it undertakes a regular annual review of its banking facilities as part of active financial management. She declined to comment further."
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