23.02.2010 - Dubai World to present debt recast plan by March-end
From Business-standard.com: Crisis-hit conglomerate Dubai World will present its plan to restructure debts worth $22 billion by the end of March. "Dubai World will present its banks with a restructuring proposal for its $22 billion debts by the end of next month," British daily 'The Times' reported. The state-owned conglomerate had rattled the global markets in November last year, after announcing that it would seek more time to repay its debt obligations............................Full Article: Source
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