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| Home : Thunderbird Resorts Inc.: Favorable First Steps in Refinancing Peru-Related Debt |
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Dec 29 2011 |
Thunderbird Resorts Inc.: Favorable First Steps in Refinancing Peru-Related Debt |
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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. |
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| Source:http://www.marketwire.com/mw/release.do?id=1602342&sourceType=3 |
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