Wed, Apr 16, 2014
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Banking, Finance more

Dubai eyes $1.2bln Limitless loan rollover

Posted on 05 February 2010

From Tradearabia.com: Dubai World will seek to roll over a $1.2 billion Islamic loan at its Limitless property unit due in March but it is unclear whether banks will agree in the absence of a standstill agreement, banking sources said on Thursday.

The state-owned firm, which rattled global markets when it requested a delay on $26 billion of debt linked to its main property units Nakheel and Limitless World last November, has been negotiating with an unofficial bank coordinating committee…………………………………Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed
 
Article link

This post was written by:

Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

banner
banner
April 2014
M T W T F S S
« May    
 123456
78910111213
14151617181920
21222324252627
282930