
Dubai Financial Market PJSC
Pressreleases, Reports and Disclosures for Dubai Financial Market PJSC
Nasdaq Dubai has announced the secondary listing of a USD 150 million bond issued by United Terra Enterprises PLC, an energy company involved in both conventional and renewable projects. This marks United Terra's first listing on the exchange. The bonds, which mature in September 2030 and have an interest rate of 11.5% per annum, are also listed on the Frankfurt Stock Exchange, providing international investor access. The listing ceremony was attended by Peter Krempin, CEO of United Terra, and Hamed Ali, CEO of Nasdaq Dubai and Dubai Financial Market. Krempin highlighted the listing as a significant milestone for enhancing the company's visibility in global financial markets. Hamed Ali noted the continued interest from international issuers in Nasdaq Dubai's debt capital markets. With this listing, the total outstanding value of debt securities on Nasdaq Dubai now exceeds USD 146.9 billion, reinforcing its status as a key international hub for fixed income listings.