DHCOG clears Dh2.4 billion of debt

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Wednesday 26, November 2008 by Isla MacFarlane

DHCOG clears Dh2.4 billion of debt

DHCOG, the holding company of Dubai Holding's real estate, tourism, infrastructure and telecommunications subsidiaries, said it settled a Dh1 billion Eurobond after also repaying Dh1.4 billion in bank loans earlier this month. The money was originally raised in January 2007 and the instruments matured this month.

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