Dubai World Is Yet to Present Formal Debt Proposal to Banks | Money Anecdote

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11 Mar

Dubai World Is Yet to Present Formal Debt Proposal to Banks

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March 11 — Dubai World, the state-owned holding company restructuring $26 billion in debt, is yet to present a formal proposal to its creditors, said a spokeswoman for the emirate’s Department of Finance.

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Dubai World Is Yet to Present Formal Debt Proposal to Banks

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