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Saturday, April 27, 2024

Launch Partners

DP World hires banks for debut 10-year US dollar-denominated green Sukuk, Reuters report

UAE: Emirati multinational logistics company DP World is planning to issue its first 10-year US dollar-denominated green Sukuk, according to a news report by Reuters citing a bank document.

The bank document showed that Citi, Deutsche Bank, Dubai Islamic Bank, Emirates NBD Capital, First Abu Dhabi Bank, HSBC, JPMorgan and Standard Chartered Bank have been mandated as the joint bookrunners, while HSBC is acting as sole ESG structurer.

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