|
Maui County
Issue 9.45: Maui County
RANK PREVIOUS COMPANY
|
May 04, 2006
1 1 Monsanto Hawai'i
2 2 Dowling Co.
6 6 Alexander & Baldwin
3 3 Maui Land & Pineapple Co.
4 4 Maui Electric Co.
5 5 Hawaiian Telcom
7 7 Harry & Jeanette Weinberg Foundation
8 8 Trex Enterprises
9 9 Wailuku Water Co.
10 10 Makena Resort
Landowner and developer Alexander & Baldwin moves up a few notches this week on news that it's secured $400 million in financing from Prudential Financial to help it pay for upcoming development projects. That's quite an amount, though the company isn't getting it all right now. According to the Apr. 22 Honolulu Advertiser, A&B plans to start small, taking out just $125 million this December at a 5.5 percent interest rate, which it can pay back in 10 years. Hey, that's a pretty good deal. I'd love to go to my local bank and ask for a $125 million loan at 5.5 percent. I might have trouble paying it back in 10 years, but then again, I'm not a big shot land developer like A&B. MTW
| |
|
|
| |
| |
| Entertainment and lifestyle news for Maui, Hawaii and the surrounding Islands. Maui Time Weekly is Mauis only independent and locally owned newspaper.
Mail this link to a friend |
|
|
