Parq Vancouver Misses Debt Payment as Casino Seeks to Refinance

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 · 1. Parq Vancouver misses debt payment as casino seeks to refinance. https://bloom.bg/2jgnsxh 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.

Parq Vancouver Misses Debt Payment as Casino Seeks to Refinance Photographer: Darryl Dyck/Bloomberg 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 operates a hotel and resort casino in Canada. The resort offers a casino, restaurants, meeting spaces, and lounges for business and leisure clients.

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Mr. Hood said he doubts Parq will miss the payment this week, noting that PBC. last fiscal year, but refinancing the costly debt is imperative.

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