DIC leads Dubai’s comeback

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MIDDLE EAST LOANS

DIC leads Dubai’s comeback

Issue: 1127 - 20 October 2009

Dubai is finally back in the loan market, following DIC’s launch of a $550m facility last week. But the pricing of 550bp shows just how nervous lenders still are about the debt-laden emirate. Those worries should cease, though, if the government addresses two major issues. ..

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