Montehiedra mall owner restructures $120M debt
January 8, 2015
New Jersey-based Vornado Realty Trust announced Wednesday the modification of the $120 million, 6.04 percent mortgage loan secured by its Montehiedra Town Center.
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Fitch keeps ‘watch negative’ over PRASA liquidity issues
January 8, 2015
In accordance with its practice of regularly reviewing ratings on Rating Watch, credit ratings agency Fitch Ratings announced Wednesday it will maintain its “Rating Watch Negative” status on $3.4 billion of outstanding Puerto Rico Aqueduct and Sewer Authority senior lien revenue bonds.
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FirstBank grants $2M loan to Deya Elevator Services
January 8, 2015
FirstBank announced Wednesday the approval of a $2 million loan to Deya Elevator Services Inc., a Puerto Rican firm that specializes in vertical transportation, namely elevators, linear transports and ramps.
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