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Sovereign Wealth Funds Briefing - Categorized | Market

Mubadala in talks over $2 bln loan refinancing-bankers

Posted on 26 January 2010

From Reuters: Abu Dhabi government-owned Mubadala Development Company is in talks with banks to refinance a $2 billion syndicated loan that matures in April, banking sources close to the deal said.

The loan will be one of the first for a Gulf-based company since Dubai shocked world markets on Nov. 25 when it requested a standstill on $26 billion worth of debt owed by state-owned conglomerate Dubai World, a flagship of the emirate………………….Full Article: Source


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