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Nakheel Shuns Bond Issuance in Favor of Bank Loans: Arab Credit – Bloomberg

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Nakheel Shuns Bond Issuance in Favor of Bank Loans: Arab Credit
Bloomberg
Nakheel, which drove Dubai near default in 2009, announced plans June 25 to repay all of its 5.54 billion dirhams ($1.5 billion) of bank loans four years early as real estate demand surges and customer collections improve. While the yield on its August ...

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