Dubai-based shipyard looking to revise terms on 2012 debt
Drydocks World, based in Dubai, is reportedly looking to carry out a second restructuring of existing debt.
According to Reuters, the shipyard will request creditors to adjust the terms of a $2.3bn restructuring deal signed in 2012.
Drydocks parent company, Dubai World, is in the process of finalising a restructuring of $14.6bn-worth of debt.
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