Investment company bags Dennis Uy’s Clark, Pampanga assets

  • 📰 rapplerdotcom
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 86%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

CarVal Investors, a company focused on buying distressed and credit-intensive assets, gets the five-building development of cash-strapped Dennis Uy in Pampanga.

MANILA, Philippines – An investment firm whose purpose is to invest in companies struggling in its finances has acquired a 142,000 square meter property development in Pampanga previously owned by a cash-strapped company of Dennis Uy.

CarVal Investors is an investment management company “focused on distressed and credit-intensive assets.” “CarVal/ADPI and SofCap worked closely with Udenna’s GGDC and its existing bank lenders to consummate the transaction. Proceeds from the transaction will ultimately support Udenna’s ongoing liabilities management exercise,” the company said.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 4. in BE

Belgique Dernières Nouvelles, Belgique Actualités