Sun, Apr 19, 2015
A A A
Welcome asarmad
RSS

Sovereign Wealth Funds Briefing - Categorized | Fund Management/Administration, Fund Profile/New Launches

Dubai World set to make formal standstill request

Posted on 12 January 2010

From Reuters: Dubai World is expected to soon make a formal standstill request to creditors for $22 billion in debt while it devises a restructuring plan.
Dubai sent shock waves through global markets on Nov. 25 when it said it would request a standstill on billions of dollars in debt linked to Dubai World and its property units Limitless World and Nakheel, developer of palm-shaped islands……………………………………Full Article: Source


 Article link

This post was written by:

VRS - who has written 16095 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
April 2015
M T W T F S S
« Mar    
 12345
6789101112
13141516171819
20212223242526
27282930