In some rather surprising places for whom mention of the entity below appears relevant to intended/impending investments: —
Representatives of more than 90 Dubai World bank creditors are expected in the emirate on Monday for a first face-to-face meeting between the company and its banks since it told them to prepare for the restructuring of the $22bn in debts needed to keep it out of the insolvency courts. Creditors will meet a six-strong co-ordinating committee,…
To creditors any intentions insofar bilateral ‘financial services’ arrangements and supposed strength in its connectivity to the ‘Gulfo’ are more a matter of be wary at this juncture than anything else. Let not confidence inflate.