Tagged: Limitless

Limitless thrashes out settlement

Limitless thrashes out settlement

Property giant Limitless has made a deal to to restructure $1.2bn (Dh4.4bn) of Shari’ah compliant debt with its lenders. The syndicate was established in 2008 and was originally due in 2010. Because of the restructuring, the company’s ownership will…

Dubai’s Limitless nets extension on $1.2bn loan

Dubai’s Limitless nets extension on $1.2bn loan

It seems that Limitless received a fifth extension on a $1.2bn loan as the real-estate developer administrated by state-owned Dubai World works on a restructuring plan.
This extension will allow Limitless to complete a debt restructuring deal with cred…