Dubai terminals company DP World will hand over $3bn in debt payments six months ahead of schedule.

The payments this year will reduce total debt to $4.7bn, it told Nasdaq Dubai.



The cash will be paid between 4 April and 10 April ahead of maturity in October.



DP will still have $1.2bn of cash in the bank as well.



The group also said it would cancel $2bn of its existing revolving credit facility and replace it with a new $1bn five-year loan.



"Whilst