| 09.08.2011 - Dubai SWF to repay $4bln loan in full |
| Investment Corp of Dubai (ICD), the emirate’s sovereign wealth arm, said yesterday it will repay in full rather than refinance a $4bn loan maturing on August 21, mainly with dividends from its investments. ICD had been expected to repay part of the loan and had already agreed with banks to refinance $2.8bn in what would have been the largest loan to emerge from Dubai since its 2009 debt crisis..............................................Full Article: Source |