30.09.2010 - Dubai World says it can raise $19.4bln in 5-8 years
From Emirates247.com: Dubai World (DW) has assured its creditors it could raise $19.4 billion from the sale of its assets if they agree on a restructuring period of up to eight years, the Saudi American Bank Group (Samba) said on Wednesday. In a study, Samba said a landmark debt restructuring deal reached between DW and more than 99 per cent of its lenders had a positive impact in the country as it boosted share prices and cut the cost of insuring Dubaiís sovereign debt..............................................Full Article: Source
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