Cap Cana Plays Hardball as Bridge Matures
Nov 19, 2008
Dominican luxury resort Cap Cana, the once celebrated darling of LatAm structured finance, will this morning decide if it will default on a $100m bridge loan it raised with Deutsche Bank and Morgan Stanley a year ago. A default on the facility, which matures today, would trigger cross-default clauses on...
Already have an account?
Subscribe
Subscribe now for unlimited access to all current and archive news, data and market analysis.
Subscribe
Free trial
Take a free two-week trial now for the latest news, data and market analysis.
Free Trial