Bank creditors to Dubai World that are owed billions of dollars are trying to reduce their exposure to the debt-laden conglomerate by offering their loans for sale ahead of an expected restructuring of the company's $22bn of debt.
Last week, debt traders told potential investors that there was a seller seeking to offload about $100m of loans.
This would be the first large trade in the $5.5bn loan facility at Dubai World's parent, of which $2.1bn falls due for repayment in June, according to Bloomberg data.
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