Dubai – Mubasher: Dubai Holding Commercial Operations Group (DHCOG), the operating arm of Dubai Holding, will repay the interest on its £500 million (AED 2.28 billion) bond maturing on Wednesday, 1 February.
Dubai Holding will have no public debt outstanding after this repayment, according to a statement.
The bond is part of the DHCOG’s multi-currency medium-term notes programme issued in 2007.
The company will depend on its internal resources of finance to complete the repayment process.
