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Sovereign Wealth Funds Briefing - Categorized | Financials

Dubai World mulls refinancing a further $850mln

Posted on 27 May 2011

State-owned conglomerate Dubai World, the firm at the heart of the emirate’s debt crisis, is considering refinancing a further $850m, it emerged Thursday.
Dubai World, which includes DP World, Nakheel and Drydocks World among its units, signed a final agreement with its 80 creditors to restructure $26bn of debt in April……………………………………….Full Article: Source


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