Thu, Apr 17, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Fund Management/Administration, Market

Dubai World says debt revamp plan “some time away”

Posted on 08 January 2010

From Reuters: Dubai World, the state- owned holding company seeking to restructure its debt, moved to quell speculation it could present its restructuring plans to creditors on Thursday, as reported by an Arabic-language newspaper.

“The story is erroneous. We are some time away from presenting a restructuring plan,” a spokesman said, adding that the next step in the discussions between the debt-laden company and its creditors would be to agree to a standstill…………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 13898 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
April 2014
M T W T F S S
« Mar    
 123456
78910111213
14151617181920
21222324252627
282930