Bridge Capital offers to buy $20M bond for Guam Gov
“Bridge Capital, LLC would be willing to consider purchasing a bond or bonds secured by the full faith and credit of the Government of Guam with a specified source of repayment revenue for that amount,” the letter states.
The Guam Government was ordered to come up with the $20 million needed for a dump closure and landfill projects by Jan. 5, 2009. A financing plan must be agreed upon by Dec. 5, according to Guam’s Pacific Daily News.
Bridge Capital, LLC, is an international lending and financial services firm headquartered on Saipan.
Want new articles before they get published?
Subscribe to our Awesome Newsletter.