24.03.2010 - Dubai set to present $26bln debt restructure plan
From Tradearabia.com: Dubai World will present plans to restructure its $26 billion debt pile to creditors this week, with details emerging as soon as Wednesday, sources familiar with the discussions said. The plan on how the emirate plans to repay its commitments will be discussed with an informal committee, which represents 97 creditors to the state-owned conglomerate, in Dubai, said the sources, who spoke on condition of anonymity...................................Full Article: Source
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