DP World £2.4bn Initial Public Offering on the Dubai International Financial Exchange.
Originality
6
Rationale
5
Impact
6
Total
17
Description
The largest ever IPO in the Middle East and the first on the DIFX. The firm managed to overcome the potential obstacle of the sukuk and made unwieldly documentation available on the internet without breaching US securities regulations.
Shaping the covered bond market in The Netherlands and beyond.
Originality
7
Rationale
6
Impact
5
Total
18
Description
The firm, with ABN Amro, set up the first covered bond in The Netherlands. They borrowed and simplified the UK model and are now rolling out their expertise to other jurisdictions.
