| From Ibtimes.co.uk: Nakheel trade creditors have been offered a 10 percent return on a planned Islamic bond as part of debt restructuring plans by parent firm Dubai World , said a source familiar with the matter.
The source said that the 10 percent return -- which is considered a starting point for negotiations -- is a hefty offer, especially in light of Dubai World's opening offer to its bank lenders of just one percent for two tranches of debt to mature in five and eight years.............................................Full Article: Source
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