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Person · entity profile
Dubai World
3
source-backed facts
1 publication
Finance
finance · BBC
Dubai World reached an agreement in principle to restructure $23.5 billion (£16.4 billion) of debt with most of its bank lenders.
“Dubai World, the state-owned investment vehicle, says it has reached an agreement "in principle" with most of its bank lenders to restructure debt worth $23.5bn (£16.4bn).”
23500000000 USD
16400000000 GBP
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finance · BBC
After restructuring, Dubai World will be left with $14.4 billion of debt.
“It added it would be left with debts of $14.4bn after the restructuring.”
14400000000 USD
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finance · BBC
Dubai World requested a six-month delay on debt repayments in November last year, stunning global markets.
“Dubai World stunned global markets in November last year when it asked for a six-month delay on debt repayments.”
6 month
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