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Gulf 'can meet $60bn refinancing needs'

Dubai, April 30, 2012

Gulf borrowers need to refinance around $60 billion of debt in 2012, a Royal Bank of Scotland  regional executive said on Monday, noting there should be no significant issues in meeting this target.

"We don't see any issue with the refinancing needs of the region," Jacco Keijzer, head of debt capital markets for the Middle East and Africa, told reporters in Dubai. - Reuters




Tags: Gulf | debt | refinancing |

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