As part of its strategy to offer “modern and innovative” facilities for its clients, Popular announced the consolidation of its auto and leasing services at the former Doral building on Roosevelt Ave., the financial institution announced. Effective Jan. 19, the Popular Auto customer service division formerly located at Popular’s Altamira location, and Reliable Auto, formerly […]
Popular intends to use the net proceeds from the offering plus available cash to redeem $450 million aggregate principal amount of its outstanding 7.00 percent Senior Notes.
Some six months after announcing its intentions, Popular Auto has completed the acquisition of certain assets and the assumption of certain liabilities related to Wells Fargo & Company’s auto finance business in Puerto Rico — Reliable Auto.