DUBAI-Distressed debt fund Aurelius Capital Management is thesole objector to a $25 billion restructuring agreement to bail outDubai World, according to the Financial Times. Aurelius isowed $5 million, and the only company out of more than 70 to notvote in favor of the agreement, the publication said Monday.


Neither company could be reached for comment. Dubai World hasoutstanding debt of about $14.2 billion, with $10 billion owed tothe Dubai government. The new deal involves the company repayingits loans over five to eight years at sub-commercial interestrates. For the full story, go to the Financial Times.

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