Wed, Jul 30, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Financials

Dubai’s outstanding debt put at $31.4 ln

Posted on 06 July 2011

Another $6 billion of the outstanding total represents holding company level debt of the Investment Corporation of Dubai (ICD) (i.e. this excludes borrowings by any of ICD’s subsidiaries or other group companies currently estimated at around $12 billion). Of the $6 billion owed by the government, $4 billion was due this year, the Samba report said.
However, agreement has just been reached to refinance $2.8 billion over 5 years, with ICD repaying the remaining $1.2 billion……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 14473 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

July 2014
M T W T F S S
« Jun    
 123456
78910111213
14151617181920
21222324252627
28293031