FT and everybody else reports that Abu Dhabi has purchased "units" from Citigroup which pay 11% and are convertible in 2010 and 2011 to roughly 4.9% of the firm. It is debatable whether they could have received better terms signing up for a CapitalONE card. And for all you Larry's out there...
Monday, November 26, 2007
Apple Dubai Strikes Again!
Posted by EL TB at 11:56 PM
Labels: abu dhabi, citigroup, junk bonds, petrodollars
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