Wikinvest Wire

Sixty cents on the dollar for Dubai debt?

Monday, February 15, 2010

The latest on Dubai World's restructuring of $22 billion in debt comes via CNBC - it seems that 60 cents on the dollar may be good enough to get the deal done.


There's more in this report at MarketWatch - apparently it's all speculation at this point, however, it hasn't yet stopped the cost of insuring Dubai's debt from rising.

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