FORT LAUDERDALE, FL-Kerzner International Resorts Inc., which owns vacation spots, including the Atlantis resort in the Bahamas, has enlisted restructuring advisers at Kirkland & Ellis LLP, Blackstone Group LP and Goldman Sachs Group Inc. to help rework about $3 billion in debt before reaching the repayment deadline. The advisers would help the company restructure the debt.
The $2.6-billion debt, which comes as a senior mortgage, will mature in September. Another $400-million debt could make Kerzner sign a deal with its creditors. For the full story, go to Wall Street Journal.
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