29.04.2010 - Dubai gets JPMorgan, BofA loan refinancing to keep Almatis unit
From Arabianbusiness.com: Dubai International Capital got a boost in its efforts to keep its Almatis alumina making unit, with backing for a $685 million debt refinancing that would repay senior lenders including Oaktree Capital Management. Dubai International is challenging a plan by Oaktree, the biggest of Almatis’s senior lenders, to seize control of Almatis after the German unit violated loan terms last year........................................Full Article: Source
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