Government will be taking over the $80 million worth of debt of Needham’s Point Holdings Ltd., the company that operates the state-owned Hilton Barbados Hotel, and issuing new Series B bonds to the bondholders. Announcing the move on Tuesday in Parliament, Minister in the Ministry of Finance Ryan Straughn explained that the deal, which was […]
The post Minister Straughn says hotel’s debt ‘restructured’ appeared first on Barbados Today.
