Fortress Fund Said To Pay Holding’s Creditors

27 Jan 2010

Fortress Investment Group reportedly is dipping into its newest private equity fund to pay creditors of one of its largest holdings.

Fortress Investment Group reportedly is dipping into its newest private equity fund to pay creditors of one of its largest holdings. Sources said Fortress would make a $125 million debt payment for Florida East Coast Industries, a real estate and railroad company, or risk creditors taking control of ...

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