DP World shows EM primary is open, despite the rates shake

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DP World shows EM primary is open, despite the rates shake

Dubai’s DP World was the only CEEMEA issuer to step out this week, shaking off turbulent markets on Tuesday to take a $3bn book for its $500m trade. Bankers are hoping the tight print may encourage some of the two dozen or so issuers that have mandated and are waiting.

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