Global port operator DP World Limited, rated Baa3/BBB - (both stable) by Moody's/Fitch confirm pricing of a benchmark US$500 million 5 year senior unsecured Regulation S / Rule 144A bond offering with a semi - annual coupon of 3.250% due 2020. The bond offe ring was priced at 5yrMS+155bps. Bond proceeds will be used for general corporate purposes. Joint bookrunners are Barclays, Citigroup, Deutsche Bank, Emirates NBD Capital, HSBC, National Bank of Abu Dhabi and SG CIB. Co - Managers are Bank of Nova Scotia, First Gulf Bank and Union National Bank.
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