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Stonehill Capital Said to Block $1.2 Billion Limitless Deal
U.S. hedge fund Stonehill Capital Management LLC is blocking a second restructuring of a $1.2 billion loan in Dubai-based developer Limitless LLC, according to five people with knowledge of the matter. Limitless told banks that creditors holding more than 98 percent of the debt have agreed to new restructuring terms…
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Click here to read the full story: Bloomberg