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...
Showing posts with label petrodollars. Show all posts
Showing posts with label petrodollars. Show all posts
Monday, November 26, 2007
Apple Dubai Strikes Again!
Posted by
EL TB
at
11:56 PM
0
comments
Labels: abu dhabi, citigroup, junk bonds, petrodollars
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