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Nakheel to repay May Islamic bond on time - bondholder

Posted on 11 May 2010

From Reuters: Dubai World property unit Nakheel is expected to repay a $980 million Islamic bond due May 13, one bondholder said, underscoring the different treatment of the holding company’s various creditor classes.
A source told Reuters on Monday that clearing house Euroclear had not yet received any instructions from Nakheel……………………………………….Full Article: Source

 
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