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Dubai Holding makes $100 million bond payments
The payments were made on three bonds maturing in 2010, 2014 and 2017, reports Reuters.
January 24, 2010 4:21 by kippreport
Investment firm Dubai Holding Commercial Operations Group has made coupon payments (annual interest paid on bonds) worth $100 million, it said on Sunday. The payments were made on three bonds maturing in 2010, 2014 and 2017, reports Reuters.
The company paid $828,650 on its $500 million note due on February 1, 2010, 35.6 million euros on its 750 million-euro note which matures on January 30, 2014, and GBP30 million on a 500 million-pound note maturing on February 1, 2017, the report says.