Search results for : one only resorts

Showing 21 to 30 of 47 results


News Article
Atlantis Now Sold to Brookfield..
April 29, 2012
Atlantis Now Sold to Brookfield..

Kerzner International Holdings Limited has now successfully completed its comprehensive global restructuring process, affecting both its assets here in The Bahamas, as well as elsewhere in the world. This process has resulted in substantially all of its Paradise Island Assets, including the Atlantis Resorts & Casino and the One & Only Ocean Club, being transferred to Brookfield Asset Management I...

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News Article
Kerzner International Holdings Limited Has Concluded Its Global Restructring Process
April 27, 2012
Kerzner International Holdings Limited Has Concluded Its Global Restructring Process

NASSAU, THE BAHAMAS 27th April 2012, Kerzner International Holdings Limited has now successfully completed its comprehensive global restructuring process, affecting both its assets here in The Bahamas, as well as elsewhere in the world.

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News Article

April 27, 2012
Bahamas Government lauds successful conclusion of Kerzer International's restructuring process

Statement from the Office of the Prime Minister
NASSAU, Bahamas -- Kerzner International Holdings Limited has now successfully completed its comprehensive global restructuring process, affecting both its assets here in The Bahamas, as well as elsewhere in the world.  This process has resulted in substantially all of its Paradise Island Assets, including the Atlantis Resorts & Casino and the ...

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News Article

April 27, 2012
Bahamas Government Lauds Successful Conclusion of Kerzer International's Restructuring Process

Kerzner International Holdings Limited Has Concluded its Global Restructuring Process

NASSAU, THE BAHAMAS -  27th April 2012, Kerzner International Holdings
Limited has now successfully completed its comprehensive global
restructuring process, affecting both its assets here in The Bahamas, as
well as elsewhere in the world.  This process has resulted in
substantially all of its Para...

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News Article

February 16, 2012
Chinese expansion injects 'stability' into Kerzner

The management and development contract with the One&Only Sanya in China is injecting optimism into the local business community.
As Kerzner International continues its battle to restructure $2.5 billion in mortgage debt, the apparent expansion of the brand may provide much-needed stability for the company and help change the fortunes of Paradise Island.
Franklyn Wilson, the chairman of Arawak Hom...

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News Article

January 25, 2012
Kerzner debt fight resolved in 'short term'

By NATARIO McKENZIE

Tribune Business Reporter

nmckenzie@tribunemedia.net

KERZNER International (Bahamas) chief yesterday suggested the fight between the company's lenders over its $2.5 billion debt is likely to be resolved "in the short-term", with the original $175 million debt-for-equity swap proposed by Brookfield revived in an adjusted form.

The comments came as Kerzner International gears...

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News Article
The Kerzner quake
December 05, 2011
The Kerzner quake

"I feel the earth move under my feet I feel the sky tumbling down..."- Carol King

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News Article

December 01, 2011
Christie defends support of Kerzner borrowing

Defending his administration's support of Kerzner International's decision to use its Bahamian assets to back the borrowing of $2 billion for international developments, former Prime Minister Perry Christie said that at the time his government had no idea that the economy would collapse.
Christie was responding to Prime Minister Hubert Ingraham, who said in the House of Assembly on Tuesday the Chr...

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News Article

November 29, 2011
Kerzner Transfers Atlantis Ownership To Canadian Company

Kerzner International said today that it would transfer ownership of Atlantis and One&Only Ocean Club in The Bahamas to a Canadian property company in a debt-for-equity deal.

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News Article
BREAKING NEWS: New Owners For Atlantis
November 29, 2011
BREAKING NEWS: New Owners For Atlantis

PRIME Minister Hubert Ingraham has announced that Kerzner intends to transfer ownership of the Atlantis Resort to Canadian company Brookfield.

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