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...The 2008 deal with DP World, under which the Dubai government-owned company signed a joint venture leasehold agreement with the Yemeni authorities, was supposed to reverse that trend....
...At one point they threatened the company – an Italian joint venture – with a shutdown unless it paid them for the period. According to an executive, that is what it did....
...Back to cov-lite loans – though we really need Goldman et al here to answer some of these questions. There is, claims one of the panel, some confusion about cov-lites....
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