Barclays Capital has issued a new report a report which recommends that investors sell their Nakheel Islamic bonds. Holders of Nakheel bonds will recover less than half of their investments as the property developer's parent company renegotiates $22bn of debt, Barclays Capital analysts estimate. 'The final recovery value for Nakheel is likely to be negotiated at 40% to 50%,' said the London-based Barclays Capital analysts Alia Moubayed and Milena Ianev in a report released Monday.
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