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Nakheel pays interest on $750 mln bond

Posted on 20 January 2010

From Kippreport.com: Dubai-based property developer Nakheel has made a $10.3 million coupon payment (annual interest on a bond) on a $750 million bond maturing in 2011.
Nakheel was saved from defaulting on a $4.1 billion Islamic bond on December 14, after Abu Dhabi lent Dubai $10 billion the same day…………………………………Full Article: Source

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