SUBSCRIBERS

Limitless seeks debt delay, set to miss UAE boom

Published Wed, Apr 9, 2014 · 10:00 PM
Share this article.

[DUBAI] The United Arab Emirates (UAE) property boom may be passing Limitless LLC by, as the developer that split off from Dubai World in the fallout following the 2008 credit crunch seeks to delay a loan payment.

The company asked lenders if it can defer a US$400 million repayment due in December, the first instalment o…

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Property

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here