DP World has launched a $100 million Blue Bond aimed at financing sustainable initiatives in marine transportation, port infrastructure, and pollution reduction, contributing to UN SDG 14 and SDG 6. This marks the first Blue Bond issuance in the Middle East and North Africa, with T. Rowe Price as a key investor. The 5-year bond, priced at a 5.25% coupon rate, aligns with DP World’s Ocean Strategy and sustainability goals. Sultan Ahmed bin Sulayem emphasized the company’s commitment to a sustainable blue economy, while industry leaders recognized the bond’s potential to attract investment for ocean conservation.

Source: https://www.freightweek.org/index.php/en/latest-news/8817-dp-world-issues-groundbreaking-blue-bond