Uncategorized
Wealth and Asset Management
Threats seen to Dubai World unit $2.2 billion debt deal
A potential $2.2 billion debt restructuring for Drydocks World, the shipbuilding arm of indebted Dubai World DBWLD.UL, is seen facing tough headwinds with the presence of hedge funds and a lack of government aid seen threatening an amicable deal. Drydocks has set up a committee to thrash out an agreement…
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Click here to read the full story: Reuters