Exclusive: Dubai Group signs $10 bln debt restructuring deal DUBAI (Reuters) - Dubai Group has signed a $10 billion debt restructuring deal, two sources with knowledge of the matter told Reuters on Thursday, bringing an end to the last major hangover from the emirate's 2009 financial crisis. Dubai state-linked entities borrowed heavily from banks to fund a spree of acquisitions during the boom years of 2006-08. Dubai Group, the investment vehicle owned by the emirate's ruler, signed the restructuring deal on Wednesday, the sources said, speaking on condition of anonymity as the information is not public. Lenders to the unit of Dubai Holding DUBAH.UL, which include France's Natixis (CNAT.PA) and Dubai's Emirates NBD ENBD.DU, still have to sign and return the last piece of documentation and this should happen in the next few days, bringing a formal conclusion to the long-awaited deal, the sources added. Dubai Group had been in negotiations with creditors since late 2010 after it missed payments on two debt facilities. While the company has signed the deal document, the formal completion will not be for a few days, as lenders have to sign an amended inter-creditor agreement which removes references to the loan facility secured against Dubai Group's 30.5 percent holding in Malaysia's Bank Islam, the sources said. The stake was sold at the end of last year to BIMB Holdings (BIMB.KL) and the sources said the money from the divestment has now been delivered to those banks who held security against the asset. Some of these lenders had held off signing the restructuring deal until the cash was placed with them, meaning a target to sign the formal deal by the end of 2013 was missed. Creditors have two parts to the restructuring document; one part which deals with their specific claim against the company, which has already been formally completed, and a second inter-creditor agreement which manages the overall restructuring. Out of its $10 billion total debt, $6 billion is owed to banks and the remaining $4 billion is classed as inter-company loans.