| 15.01.2010 - Dubai World said to plan standstill offer next week |
| From Bloomberg: Dubai World, the state-owned holding company seeking to change the terms of about $22 billion of debt, plans to meet with creditor banks next week to complete a standstill agreement, a banker participating in the talks said. A date for the meeting hasn’t been set, said the banker, who declined to be identified because the talks are private. A company spokeswoman declined to comment on the negotiations.......................................Full Article: Source |