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Loan Modification

: Mortgage Lender Implode-o-Meter

Dubai's Nakheel Starts Payment to Creditors in $10.5 Billion Restructuring

By Implode-Explode Heavy Industries

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"Nakheel PJSC began making payments to its biggest contractors as the Dubai World-owned property company seeks to alter terms on $10.5 billion of unpaid bills and loans amid falling property prices in the emirate."

Full post as published by Mortgage Lender Implode-o-Meter on June 30, 2010 (boomark / email).

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