Sun, Oct 26, 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 15018 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
October 2014
M T W T F S S
« Sep    
 12345
6789101112
13141516171819
20212223242526
2728293031