Buy Cialis 20mg Online

Mashantucket, Connecticut (AP) 11-09

The tribal owners of Foxwoods Resort Casino, who are seeking to restructure billions of dollars in debt, say they’ve reached a temporary agreement with creditors that could offer some relief.

The Hartford Courant has reported that the Mashantucket Pequot Tribal Council issued a statement saying it “has entered into a forbearance agreement with its senior lenders” that extends through Jan. 20.

Such deals occur when a creditor gives up the right to immediate repayment of a loan by a debtor under certain conditions.

The tribe did not provide additional details of the arrangement, including how much debt is covered by the forbearance.

The tribe does not publicly disclose its finances but there have been reports the Mashantuckets are trying to re-negotiate more than $2.3 billion in debt.

Your Donation Is More Than Appreciated. It has Kept This Site Alive, Helped Train Native Students, Help Buy New Equipment and Underwritten Live Broadcasting of Native Programming That You WATCH HERE. Even a $2 donation, "MAKES A DIFFERENCE". Thank you!

Or Become a Member of the Website or Subscribe NFIC Hard Copy

Click to eBay Trading Post For Music, Clothing, Books and Native Crafts

 

Quote this article on your site

Comment on this Article

Only registered users can write comments.
Please login or register.

Powered by AkoComment Tweaked Special Edition v.1.4.6
AkoComment © Copyright 2004 by Arthur Konze - www.mamboportal.com
All right reserved