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Nakheel sends $4.1bln bond for clearance

Posted on 17 December 2009

From Thepeninsulaqatar.com: Dubai firms told bondholders they were safe a day after a bailout allowed troubled developer Nakheel to repay its bond, but investors still fretted over the future of the United Arab Emirates as an investment destination.
Repayment of a $4.1bn bond issued by Dubai developer Nakheel is set to complete after being sent to the principal paying agent………………………………..Full Article: Source

 
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Laxman - who has written 19160 posts on Opalesque Islamic Finance Briefing.


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