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gcc debt

Mideast faces higher debt costs but won’t default

Mideast faces higher debt costs but won’t default

Over $16 bln bonds due in Mideast, North Africa in 2011; Over $35 billion in syndicated bank loans mature this year; Default risk seen negligible but borrowing costs may rise.

February 23, 2011 4:48
 

Total debt in the region at $145 billion

GCC companies face $28 billion in maturing debt by 2012.

June 15, 2010 10:25