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Global sees support for restructuring
- Kuwait: Monday, October 26 - 2009 at 09:08
Global Investment House, Kuwait's largest investment bank, has said that an 'overwhelming majority' of its creditors have agreed to a restructuring plan that aims to resolve a $3bn debt default, Reuters has reported. GIH had previously announced the restructuring plan, but reports surfaced that some creditors had raised concerns.
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StaffMonday, October 26 - 2009 at 09:08 UAE local time (GMT+4)
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