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Fitch affirms DP World Sukuk at ‘BBB-’

Posted on 09 March 2012

Fitch Ratings has affirmed DP World Limited’s (DP World) Long-Term Issuer Default Rating (IDR) at ‘BBB-’ with a Stable Outlook. Fitch has also affirmed the senior unsecured rating at ‘BBB-’ and the Short-term IDR at ‘F3′. The Sukuk unsecured trust certificates issued by DP World Sukuk Limited have been affirmed at ‘BBB-’.
DP World’s ratings reflect its strong position as one of the largest global container terminal port operators, with a geographically diversified portfolio of assets in high growth emerging markets and key locations………………………………………..Full Article: Source

 
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