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My hotels construction
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S
Sultan Bin Sulayem Jul 1, 2010 5:00 PM
To
Jefftey Epstein
Dear Jeffry,
Further to our conversation, I checked with my finance department and they advise me that an immediate cash injection of 125 million US $ as a bridge loan will enable us to prevent a standstill of the projects. This can be setoff against the purchase consideration once the deals are finalized and in the interim can be treated as a bridge loan.
I look forward to your assistance and would appreciate a quick response.
Best,
Sultan Bin Sulayem
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