UPDATE 1-Market Chatter -- Corporate finance press digest

Wed Feb 10, 2010 3:43am EST

(Adds Dubai World)

BANGALORE Feb 10 (Reuters) - The following corporate finance-related stories were reported by media on Wednesday:

* State-linked indebted conglomerate Dubai World [DBWLD.UL] intends to officially ask creditors this month for a standstill on $22 billion in debt until it completes restructuring, an Arabic-language daily reported on Wednesday. [ID:nLDE61902X]

* India is considering a proposal for a private placement of shares in state telecoms firm BSNL due to opposition from unions for an initial public offer or stake sale to a strategic investor, the Business Standard reported. [ID:nSGE61902P]

(Compiled by Purwa Naveen Raman in Bangalore; Editing by Dan Lalor)

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