Showing posts with label Trump Entertainment Resorts. Show all posts
Showing posts with label Trump Entertainment Resorts. Show all posts

Sunday, November 30, 2008

Liquidity problems at the casino that Donald Trump built



Trump Entertainment to miss interest payment

CHICAGO (MarketWatch) -- Facing tough competition and sliding revenue amid the economic meltdown, Trump Entertainment Resorts will have to skip a $53.1 million interest payment scheduled for Monday on its 8.5% senior secured notes due 2015 in order to maintain sufficient liquidity.


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also read - Is Donald Trump a Millionaire?