Morris Publishing Group, LLC announced Friday that it has obtained an extension until August 28, 2009 to make two semi-annual interest payments of $9.7 million on its senior subordinated notes originally due Feb. 1, 2009 and August 3, 2009.
Prosperity Bank reported to Historic City News that they have been chosen to receive a Jefferson Award from HandsOn Jacksonville and the Jacksonville Business Journal.
Begin Business Date: 08/10/2009 End Business Date: 08/16/2009
From the records of DENNIS W. HOLLINGSWORTH
With three branches in the St. Augustine area and two more in Palm Coast, Colonial Bank has been added to the list of banks that have been closed by federal regulators.
Begin Business Date: 08/03/2009 End Business Date: 08/09/2009
From the records of DENNIS W. HOLLINGSWORTH
Craig Mitchell, Senior Vice President of Finance for Morris Communications Company, LLC, reported on July 31, 2009 that it’s newspaper subsidiary, Morris Publishing Group, LLC, obtained an extension of the forbearance period on it’s overdue interest payments to creditors.
Begin Business Date: 07/27/2009 End Business Date: 08/02/2009
From the records of DENNIS W. HOLLINGSWORTH
Historic City News learned that Prosperity Banking Company will solicit a private placement of its common stock to the public according to an announcement received earlier this morning.
