DP World markets perpetual dollar sukuk at around 6.625% - document - Reuters:
Dubai-based port operator DP World started marketing U.S. dollar denominated perpetual sukuk, or Islamic bonds, with an initial price guidance of around 6.625%, a document showed on Wednesday.
Perpetual bonds are similar to an equity instrument in that they have no maturity date.
The perpetual sukuk DP Worlds is offering are non-callable for 5-1/2 years.
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