| 14.12.2009 - Nakheel possible default to affect $5.25 bln debt |
| From Bloomberg: Nakheel PJSC’s possible non-payment of its Islamic bond due tomorrow will trigger defaults on two other securities, bringing the total of affected securities to $5.25 billion, bond documents show. Investors are waiting to see if the Dubai state-controlled developer will pay the maturing $3.52 billion Islamic bond, known as sukuk....................................Full Article: Source |