Saturday, 16 December 2017 03:32 GMT
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Dubai World repays USD284m to creditors

(MENAFN) Dubai World has prepaid USD284.5 million to creditors under its USD25 billion debt restructuring plan, Arabian Business reported



The group acquired the money for the repayment through asset sales, a source said



Cash raised through asset sales over USD300 million is to be distributed to creditors as early repayments, the terms of the restructuring deal dictates


Dubai World repays USD284m to creditors

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