Bahamas Press » Debt Due-Date Looms for Kerzner – WSJ.com
The hirings set the stage for a high-stakes chess match between the investors that took Kerzner private in 2006—Colony Capital LLC, Goldman's Whitehall Real Estate Funds and Kerzner Chief Executive Sol Kerzner—and numerous investors who own the debt. A person familiar with the situation said negotiations were at an early stage and no plan had yet been developed to restructure Kerzner's resorts. A Kerzner representative didn't return messages seeking comment this week. ...
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