Six banks, including Morgan Stanley, have been invited to bid for about 320 million dirhams ($87 million) of Nakheel PJSC’s trade-creditor bonds next week, two bankers familiar with the matter said.

The auction will be held on Sept. 20 and the settlement is expected on Sept. 28, said the bankers, who declined to be identified because the information isn’t public……………………………………….Full Article: Source