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Sovereign Wealth Funds Briefing - Categorized | Financials

Dubai World to propose debt plan to lenders this week

Posted on 08 March 2010

From Bloomberg: Dubai World is likely to approach lenders for the first time this week with a proposal for restructuring $22 billion of its debts, the Financial Times reported, citing people close to the situation.

Dubai World has called for leading creditors to attend meetings in London starting as early as tomorrow, the FT says………………………………………..Full Article: Source


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