From Khaleejtimes.com: It made total sense for the government of Dubai to issue its $1.25 billion dual tranche sovereign bond so soon after the success of Dubai World’s restructuring agreement with its syndicate of creditors.
Dubai’s return to the international capital markets reflects new investor confidence in the emirate’s emergence from the financial netherworld that followed Nakheel’s standstill agreement last November……………………………………….Full Article: Source