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Islamic Finance Briefing - Categorized | Finance, Market Moves more

Dubai International Capital to challenge Oaktree takeover

Posted on 01 April 2010

From Arabianbusiness.com: Dubai International Capital, the fund owned by Dubai’s ruler, plans to sell bonds for the cash it needs to prevent Oaktree Capital Management from seizing its Almatis unit.

Dubai is planning to repay senior lenders to the German alumina products maker through a sale of high yield bonds, two people familiar with the situation said……………………………….Full Article: Source

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