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Dubai Government Statements on Nakheel, $5 Billion Bond (Text) Nov ...

27/11/2009 12:23:00 PM GMT   Comments ()     Add a comment     Print     E-mail
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Nov. 25 (Bloomberg) -- Following are the texts of the Dubai government on the restructuring of Dubai World, Nakheel pJSC and a $5 billion bond sale.

STATEMENT 1

Government of Dubai announces restructuring of Dubai World

“The Government of Dubai, acting through the Supreme Fiscal Committee (“SFC”), has authorised the Dubai Financial Support Fund (“DFSF”) to spearhead the restructure of Dubai World with immediate effect.


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