Dubai World Debt Problems a Concern For Markets
Dubai World – a state-controlled investment company specializing in massive infrastructure projects – is seeking an extension in repaying an estimated $60 billion in debt. The request include $3.52 billion in bonds due December 14th from Dubai World’s property unit Nakheel PJSC following a ratings downgrade from Moody’s and Standard and Poor’s
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Dubai World Debt Problems a Concern For Markets
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