DP World Limited DP World Update to Revolving Credit Facility (3428H)
June 19 2013 - 2:00AM
UK Regulatory
TIDMDPW
RNS Number : 3428H
DP World Limited
18 June 2013
DP World Limited
Update to Revolving Credit Facility
Dubai, UAE 19 June 2013: DP World has extended the maturity date
of its US$1 billion Revolving Credit Facility(1) , from the second
quarter of 2017 to the second quarter of 2018 at more attractive
market terms.
As previously announced, the facility provides DP World with
flexibility to manage cash flow and investment in its portfolio.
This flexibility is now available for a further year. Plans to
utilise the facility remain unchanged.
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Investor Enquiries
Jasmine Lindsay
Investor Relations
DP World Limited
+971 480 808 12 (direct)
+971 504 220 405 (mobile)
(1) A Revolving Credit Facility allows companies to draw down
and re-pay loans as many times as required
throughout the duration of the facility agreement providing
timely and flexible access to cash.
This information is provided by RNS
The company news service from the London Stock Exchange
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