Middle East Economic Survey
VOL. LIII
No 14
05-April-2010
UAE
Dubai World Sees Positive Reaction To Debt Restructuring Proposal
The reaction to Dubai Worlds debt restructuring proposal, which offers creditors full repayment over eight years, has been positive and is unlikely to change, according to chief restructuring officer Aidan Birkett. I believe this to be a very attractive deal for creditors, Mr Birkett told reporters last week. In light of the announcement, Fitch Ratings noted that the UAE...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!