Dubai Holding Unit Repays $500 Million Bond Due February; Yields Decline

Dubai Holding Commercial Operations Group LLC, a real-estate and hospitality company owned by Dubai’s ruler, repaid a $500 million bond maturing Feb. 1.

The company, a unit of Dubai Holding, “continues to meet its financial obligations as and when they fall due,” it said in a statement to Nasdaq Dubai today.

To contact the reporter on this story: Shaji Mathew in Dubai at shajimathew@bloomberg.net

To contact the editor responsible for this story: Inal Ersan at iersan@bloomberg.net

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