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Sovereign Wealth Funds Briefing - Categorized | Fund Management/Administration

Dubai World hires Blackstone to look at debt options

Posted on 04 April 2014

Conglomerate Dubai World has hired New York-based investment and advisory firm Blackstone Group LP to take a fresh look at its debt and how to make repayments to creditors, sources aware of the matter told Reuters.
“This is only for advisory purposes and to streamline the available options for the debt maturing in 2018,” a Dubai government source said, speaking on condition of anonymity under briefing rules………………………………….Full Article: Source


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