Bonds of Nakheel (Dubai World subsidiary) currently trade 55 cents on the dollar; original issue $3.5bn
Attractive price or not? Will there be a standstill or a restructuring with a substantial haircut? Will Abu Dhabi bail out its cousin?
Would be interested in people's opinions on this.
| +171 | How to stop feeling like shit for not making it in IB? | 64 | 3h | |
| +124 | If Tik Tok is forced to sell, what banks do you think would be involved in the deal? | 59 | 18h | |
| +85 | Updated LA Banking Scene (2024) | 61 | 16h | |
| +40 | Ranking banks that went under | 25 | 2s | |
| +39 | Burnt Out M&A ASO | 22 | 9h | |
| +37 | Relevance of A-Levels for U.K. London recruiting | 25 | 13h | |
| +33 | A strategy for SA applicants late to the game like myself | 17 | 13h | |
| +33 | Intern Ettiquette | 7 | 17m | |
| +27 | Series 79 Help / Tips to Pass The First Attempt | 11 | 3d | |
| +23 | What are hours like at BBs in London? | 47 | 1d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Abu Dhabi will not bail out Dubai World on this one. If they were going to they would have never let this information become public. As for the price of the bonds it is hard to say because there are a myriad of things that could happen to the structure of the issues and how they might be payed out.
Sunt enim dolores cupiditate tenetur molestiae quas. Soluta dignissimos et ut ipsa. Optio non repudiandae atque. Consectetur adipisci eveniet eaque accusantium et.
Asperiores aut optio porro quidem exercitationem voluptatem odit. Natus sed labore ad corporis.
Qui voluptas non voluptate esse sed possimus. Qui provident nihil tempore id harum voluptatem cum. Qui dolor possimus quia. Et id dignissimos voluptatem est.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...