Default of Panama deal hits Hancock, CSFB
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| Publicat a: | Asset - Backed Alert (Jun 25, 2001), p. 1-3 |
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HARRISON SCOTT PUBLICATIONS
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| Accés en línia: | Citation/Abstract Full Text Full Text - PDF |
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| Resum: | John Hancock Life, Credit Suisse First Boston, and Loomis Sayles & Co. hold the lion's share of the $126.5 million of bonds still outstanding from Pycsa Panama's offering, which is backed by tolls that drivers pay to use the Madden Segment and Northern Corridor highways near Panama City. A likely scenario will involve the construction of a $94 million extension connecting the northern corridor to the southern corridor, a move that Pycsa believes will make the thoroughfare more profitable. |
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| ISSN: | 1520-3700 |
| Font: | Accounting, Tax & Banking Collection |