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Sunday, May 19, 2024

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DP World launches 10-year US dollar-denominated green Sukuk worth US$1.5 billion, Thomson Reuters reports

UAE: DP World has launched its 10-year US dollar-denominated green Sukuk worth US$1.5 billion due in September 2033, reported Thomson Reuters.

The Sukuk facility was launched at a 5.5% yield by DP World Crescent under its US$5 billion trust certificate issuance program.

ISFI previously reported DP World’s plan to launch the green Sukuk facility.

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