Parq Vancouver Misses Debt Payment as Casino Seeks to Refinance

Parq Vancouver misses debt payment as casino seeks to refinance. vancouversun.com – Bloomberg News. Luxury casino Parq Vancouver’s parent company missed an interest payment on a second-lien loan as it struggles to refinance debt taken on to build.

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The casino’s parent company skipped out on an interest payment and its 30-day grace period. Parq Holdings LP, the company that operates the luxury casino Parq Vancouver in Canada, is having money-flow problems. The casino operator has a second-lien loan on the property and an interest payment was due at the beginning of last month.

Parq Vancouver Misses Debt Payment as Casino Seeks to Refinance Luxury casino Parq Vancouver’s parent company missed an interest payment on a second. after the expiry of a 30-day grace period..

Parq Vancouver misses debt payment as casino seeks to refinance Business has been slower than expected at Parq Vancouver — whose late 2017 opening coincided with a crackdown on money laundering.

Parq Vancouver misses debt payment as casino seeks to refinance Business has been slower than expected at Parq Vancouver — whose late 2017 opening coincided with a crackdown on money laundering.

Parq Vancouver misses debt payment as casino seeks to refinance Paula Sambo and Natalie Obiko Pearson, Bloomberg May 4, 2019 at 1:05 pm Luxury casino Parq Vancouver’s parent company missed an interest payment on a second-lien loan as it struggles to refinance debt taken on to build one of the largest-ever private developments in British Columbia.

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Parq Vancouver misses debt payment as casino seeks to refinance Luxury casino Parq Vancouver’s parent company missed an interest payment on a second-lien loan as it struggles to refinance debt taken on to build one of the largest-ever private developments in British Columbia.

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Read all the latest news on Parq Vancouver. Vancouver’s Parq Casino refinances debt and secures new equity partner

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