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Dubai keeps options open for 2010 bond issue

Posted on 23 August 2010

From Reuters: Dubai’s government will keep its options open for a potential sovereign debt issue later this year but it is not under pressure to do so, its finance chief said late on Sunday.

The United Arab Emirates’ member said on Friday it planned to launch a non-deal roadshow for fixed-income investors in Asia, a move analysts said hinted the emirate may issue bonds later this year as it restructures $23.5 billion in debt…………………………………….Full Article: Source

 
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