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Home : Thunderbird Resorts Inc.: Favorable First Steps in Refinancing Peru-Related Debt
Dec 29
2011

Thunderbird Resorts Inc.: Favorable First Steps in Refinancing Peru-Related Debt

PANAMA, REPUBLIC OF PANAMA--(Marketwire - Dec. 29, 2011) - Thunderbird Resorts Inc. ("Thunderbird" or "Group") (FRANKFURT:4TR)(EURONEXT:TBIRD) is pleased to announce that it has refinanced a portion of its of Peru-related debt. As previously announced, the Group has more than halved its total debt from $169 million at year-end 2009 to $78.8 million as of September 2011, a decrease of $90 million in just 21 months.
Source:http://www.marketwire.com/mw/release.do?id=1602342&sourceType=3
 
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