Dubai World plans $26 Billion debt restructuring

Posted on: December 1, 2009 at 2:36 pm

DUBAI: Dubai World unveiled details of a restructuring plan on Monday that would include its main property firms but leave other companies untouched in a move covering $26 billion in debt that could include asset sales.
“The total value of debt carried by the companies subject to the restructuring process amounts to approximately $26 billion, of [...]