08.01.2010 - Dubai World says debt revamp plan "some time away"
From Reuters: Dubai World, the state- owned holding company seeking to restructure its debt, moved to quell speculation it could present its restructuring plans to creditors on Thursday, as reported by an Arabic-language newspaper. "The story is erroneous. We are some time away from presenting a restructuring plan," a spokesman said, adding that the next step in the discussions between the debt-laden company and its creditors would be to agree to a standstill...........................................Full Article: Source
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