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Lenders take massive haircuts on Hilton Fiji development


Matt Nippert
Tue, 13 Dec 2011

Creditors including the Bank of Scotland, Strategic Finance and South Canterbury Finance took massive haircuts on their loans to the Hilton hotel development on Fiji's Denarau Island.

Developer Neville Mahon’s Denarau International and Denarau Investments went into receivership in September

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Matt Nippert
Tue, 13 Dec 2011
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Lenders take massive haircuts on Hilton Fiji development
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