Thursday, March 8, 2012

Drydocks World eyes repaying $2.2 bln debt in 5 yrs

DUBAI, March 8 (Reuters) - Shipbuilder Drydocks World,
a unit of Dubai World, has proposed repaying
creditors in five years and is seeking more working capital as
it tries to restructure a $2.2 bln loan facility, ending lengthy
and complex debt talks.

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