| From Thenational.ae: Nakheel, the indebted property developer owned by Dubai World, is preparing investors for a “liability management exercise” over the terms of a sukuk due for repayment in May.
A source close to the company, who declined to be identified, yesterday confirmed reports that Nakheel was seeking up to date details of its bondholders with a view to informing them of likely new terms of repayment of a US$980 million (Dh3.59 billion) bond due on May 13..........................................Full Article: Source
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