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Dubai World pays $2.92 billion in debt makeover deal, sources say
Dubai World, the state-owned company that roiled global markets in 2009 with a plan to freeze debt payments, paid $2.92 billion to creditors under a deal reached in February, two people with knowledge of the matter said. The payments were made late last month, said the people, asking not to…
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Click here to read the full story: Gulf News