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AD Ports upsizes revolving credit facility to USD 2.1 bn amid strong interest
The new facility was 2.5x oversubscribed after receiving interest from a wide range of local, regional, European, Asian, and international…
DP World issues MENA’s first blue bond
The five-year blue bond was priced at a spread of 99.6 bps above US treasuries
TODAY: DP World’s first blue bond + AD Ports upsizes, refinances debt
What we’re tracking this morning regionally and around the world
Rail, trade, shipping and aviation updates from Egypt, Saudi Arabia, and the UAE
Stories on our radar this morning from around the region
Dubai Aerospace Enterprise receives USD 201 mn in settlements from ins. companies
The aircraft lessor has been receiving proceeds from ins. providers for the past three months
DP World begins maritime work on Ndayane Port project in Senegal
Maritime work has begun on dredging a shipping channel for the project
TODAY: AD Ports taps Hassan Allam for Safaga port project + DP World kicks off maritime works in Senegal
What we’re tracking this morning regionally and around the world
Adnoc Gas appoints Fatema Alnuaimi as CEO
Alnuaimi is currently executive vice president and was formerly Adnoc LNG’s CEO until 2022.
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