~ VIDANOVA plans to close deal in 60 days if PJIAE accepts $240M loan.~
PHILIPSBURG:--- On the second anniversary of IRMA St. Maarten’s Airport management through the Minister of TEATT Stuart Johnson got a golden opportunity from VIDANOVA and JPF where parties presented the Minister and the management board of PJIAE with a loan project for the Princess Juliana International Airport (PJIAE).
The lenders proposed to loan PJIAE some $240M that can be finalized within 60 days, basically by November 11th, 2019 (St. Maarten’s Day.)
The planned project includes buying out the $93M bondholders and the $20M
To read more: http://www.smn-news.com/st-maarten-st-martin-news/32666-exclusive-will-pjiae-and-the-dutch-stall-the-rebuilding-of-st-maarten-s-airport.html
