DP World  4.25% 25 Sep 2030

Business Description

DP World operates a portfolio of 78 marine and inland terminals supported by 50+ related businesses in 40+ countries and across six continents.

The company’s core business is container handling and generates more than three quarters of its revenue. In 2017, DP World handled 70 million TEU (twenty-foot equivalent units) across its portfolio. With a committed pipeline of developments and expansions, the current gross capacity of 88 million TEU is expected to rise to more than 100 million TEU by 2020, in line with market demand.

DP World has over 36,000 employees from 103 countries.

Bond Information

Coupon

4.25%

Maturity Date

25 Sep 2030

Next Interest Payment

25 Sep 2020

Interest Period

12 months

ISIN

XS1883878883

Asset Security

Senior Secured

Amount

£350,000,000

Ratings

Moody's:  Baa1, Fitch:  BBB+

Status

Payments on time

* Current Yield and Yield to Maturity are on estimated return calculations and not guaranteed. All yields shown are gross of Taxation and our Service Fee.

Company Information

Company Legal Name

DP World Ltd

Industry

Energy, Utilities & Infrastructure

Country of Origin

United Arab Emirates

Year of Incorporation

1972

Ownership Status

Public

Capital Structure

Senior Debt 29%

Equity 71%

Cash

-1.2%

Senior Notes (combined)

6.2%

Content Liabilities

12.0%

Net Debt

17.0%

Equity

83.0%

Enterprise Value

100.0%

EDITDA

£883,000,000

Cash interest

£226,400,000

Source: Public Company Information

* An asterisk next to an item indicates there is additional information available if you hover over it. You can also find a definition of the terms used on this page in our Glossary.

Based on market capitalisation of $13.4bn as of 19th July 2019

Key Financials

Revenues

11,607

Growth %

38.1%

EDITDA

1,681

Margin %

14.5%

Cash balance

3,067

Source: Public Company Information

Reports & Information

Throughout our site you will find links to external websites. Although we make every effort to ensure these links are accurate, up to date and relevant, we cannot take responsibility for pages maintained by external providers.

Throughout our site you will find links to external websites. Although we make every effort to ensure these links are accurate, up to date and relevant, we cannot take responsibility for pages maintained by external providers.

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