{"id":26215,"date":"2011-11-28T09:57:22","date_gmt":"2011-11-28T14:57:22","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=26215"},"modified":"2011-11-28T09:57:22","modified_gmt":"2011-11-28T14:57:22","slug":"threats-seen-to-dubai-world-unit-2-2-billion-debt-deal","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/11\/2011\/threats-seen-to-dubai-world-unit-2-2-billion-debt-deal.html","title":{"rendered":"Threats seen to Dubai World unit $2.2 billion debt deal"},"content":{"rendered":"<p>Reuters &#8211; A potential $2.2 billion debt restructuring for Drydocks World, the shipbuilding arm of indebted Dubai World DBWLD.UL, is seen facing tough headwinds with the presence of hedge funds and a lack of government aid seen threatening an amicable deal.<\/p>\n<p>Drydocks has set up a committee to thrash out an agreement for the restructuring of its $2.2 billion debt pile. The firm missed a payment deadline for a $1.7 billion three-year loan facility that it took in October 2008. It also has another five-year $500 million facility on the restructuring table.<\/p>\n<p><a href=\"http:\/\/www.reuters.com\/article\/2011\/11\/27\/us-dubaiworld-drydocks-idUSTRE7AQ0A720111127\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters &#8211; A potential $2.2 billion debt restructuring for Drydocks World, the shipbuilding arm of indebted Dubai World DBWLD.UL, is seen facing tough headwinds with the presence of hedge funds and a lack of government aid seen threatening an amicable [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-26215","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/26215","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=26215"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/26215\/revisions"}],"predecessor-version":[{"id":26217,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/26215\/revisions\/26217"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=26215"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=26215"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=26215"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}