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DP World grosses $499.2 million from debt offering

DP World Ltd. raised gross proceeds of $499.2 million from an offering of 3.25% senior unsecured notes due May 18, 2020.

Barclays PLC, Citigroup Inc., Deutsche Bank AG, Emirates NBD Capital Ltd., HSBC Holdings PLC, National Bank of Abu Dhabi PJSC and SG Corporate & Investment Banking were the lead underwriters.