Condos now on Citizens Insurance take-out list

Condos now on Citizens Insurance take-out list

WEST PALM BEACH, Fla. — Florida’s Office of Insurance Regulation has approved a new round of take-out offers for Citizens Insurance policies with condo associations. Condo Owners Reciprocal Exchange has the green light to make offers on 400 policies. This continues Citizens’ determination to keep moving policies to the private market, numbering in the hundreds…

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EMGA Secures a Commitment for USD 30.0 Million Senior Debt Finance for Citizens Development Business Finance PLC in Sri Lanka

EMGA Secures a Commitment for USD 30.0 Million Senior Debt Finance for Citizens Development Business Finance PLC in Sri Lanka

Article content LONDON, Jan. 10, 2024 (GLOBE NEWSWIRE) — Emerging Markets Global Advisory LLP (EMGA), an investment bank specializing in emerging markets, has successfully secured a commitment for USD 30.0 million in senior debt finance for Citizens Development Business Finance PLC (CDB) based in Sri Lanka. EMGA originated, structured, and negotiated this financing arrangement, with…

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