Citibank to sell exposure to $6bn Dubai debt at a loss
- Published: 14 November 2008 22:34
- Author:Matthew Martin | More by this Author
- Last Updated: 14 November 2008 22:34
The US' Citibank is selling its exposure to a $6bn debt at a loss after the syndication of the loan to the sovereign fund, the Investment Corporation of Dubai (ICD), failed to secure bank support.
The US' Citibank is selling its exposure to a $6bn debt at a loss after the syndication of the loan to the sovereign fund, the Investment Corporation of Dubai (ICD), failed to secure bank support.
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