Turtle Bay owner restructures debt, names Stanford Carr as top manager
Updated on May 26, 2008 Hawaii Standard Time.
Kuilima Resort Co. announced Friday that it has reached an agreement with its lenders Credit Suisse and Wells Fargo to restructure a more than $400 million loan that had been backed by the assets of the resort. A $283 million mortgage foreclosure lawsuit was filed by Credit Suisse against Kuilima Resort last December.
Publication: bizjournals.com
Date of Publication: May 23, 2008
Article URL: http:/ / www.bizjournals.com/ pacific/ stories/ 2008/ 05/ 19/ daily65.html?jst=b_ln_hl
