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Trump Ocean Meets Coupon

May 17, 2009

Newland International’s Panama-based Trump Ocean Club project met its coupon payment Friday without any unexpected hitches, say officials at the company. The funds for the $11m coupon were already sitting in a debt service reserve account ahead of the due date, which led...

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There is performance risk that the market is going to have to evaluate and assess. I think that is very healthy for the market because that will enable us to finance a much wider range of projects.

Luis Fernando Andrade, Colombian National Infrastructure Agency


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