Resort in Costa Rica Fails to Pay InvestorsThe Altara El Tucano project has stopped paying its investors and is to execute the Guarantee Trust.Thursday, January 16, 2014
After the deadline of 30 working days provided to the settlor Altara The Tucano to provide the resources to pay obligations owed to the trust, the administrator, Scotiabank announced the execution of the guaranty for non payment. Source: elfinancierocr.com ¿Busca soluciones de inteligencia comercial para su empresa?Government Achieves $202 Million SwapOctober 2018 In the first of the two days of the swap of debt securities convened by the Finance Ministry of Costa Rica $202 million were successfully negotiated, amount that represents only 6% of the total balance expected to exchange. Balboa Bank Lacks Funds to Pay DebtsOctober 2016 In Panama investors to whom the company owes $4.8 million in debt bonds will have to wait for the bank to be sold before recouping their investment. Potential sale of $16 million hotelMarch 2014 In Costa Rica the investors of Altara El Tucano Trust rejected a proposal for refinancing, leading to the subsequent execution of the guarantee and possible sale. Trust for Welfare ServicesNovember 2012 In Costa Rica the Hotel El Tucano aims to become an international club that will offer medical, cosmetic and holistic services.
×
ok |
|