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Article: Florida East Coast Industries & Florida East Coast Railway Refinance Credit Facility.
- Article from:
- Investment Weekly News
- Article date:
- August 15, 2009
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Florida East Coast Industries, Inc. (d/b/a Flagler) and Florida East Coast Railway, L.L.C. announced that they have successfully refinanced the $1.58 billion loan due July 27, 2009. The companies received unanimous support from their existing lender group.
"Given the challenges of the global credit markets, our lenders' support is a testament to their confidence in the real estate portfolio of Florida East Coast Industries and the railroad assets of our sister company, Florida East Coast Railway," said Jose Hevia, President and CEO of Florida East Coast Industries. About Florida East Coast Industries, Inc. Florida East Coast Industries, Inc. conducts its business ...