: DP World, which operates ports from China to Peru, has said 2015 will be a busy year for new projects as it boosts capacity about 4 per cent to 42 million twenty-foot equivalent units, according to Business Week. DP World is expanding its operations all over the world and has got a lot of projects it needs to fund, says Doug Bitcon, a Dubai-based fund manager at Rasmala Investment Bank. The offering would be DP World first straight bond sale since 2007 and comes just weeks after the company announced $3.1 billion of acquisitions in Canada and Dubai. It makes complete sense that it tapping the market now, especially with interest rates so low. Investor meetings will take place in the US, the UK and the United Arab Emirates starting Thursday. The government-owned company hired banks including Barclays and Deutsche Bank to raise at least $500 million in a benchmark debt sale this month, it said in a statement on 5 May.
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