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Limitless ready to finalise debt restructuring
- United Arab Emirates: Sunday, September 30 - 2012 at 03:42
Dubai-based developer Limitless, owned by Dubai World, has said it is close to finalising its $1.2bn debt restructuring and is waiting for lenders to sign off on the plan, Zawya Dow Jones has reported. "Limitless is ready to finalise its financial restructuring," the company said. "We now await confirmation from our lenders." The company is to be separated from Dubai World once its restructuring is complete.
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