Middle East Economic Survey
VOL. LII
No 22
1-Jun-2009
Mubadala Sees Increased Focus On Project Bonds
By Melanie Lovatt in Dubai
Over the past half year Abu Dhabis Mubadala Development Company has run the gauntlet of the credit crunch, conducting project financings worth $7.5bn, including Dolphin (MEES, 27 April) and three public-private partnerships (Yahsat satellite, and Paris-Sorbonne and Zayed Universities). Market conditions are improving from the standstill seen after Lehman Brothers collapsed...
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