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The Honolulu Advertiser

Posted at 9:34 a.m., Thursday, November 2, 2006

Maui Land & Pine gets $10M loan from Bank of Hawai'i

Advertiser Staff

Maui Land & Pineapple Co. Inc. has entered into a $10 million loan agreement with Bank of Hawaii, according to a company filing today at the U.S. Securities and Exchange Commission.

The filing said the loan was signed on Oct. 27 and that its since been assigned by Bank of Hawaii to GE Capital Public Finance Inc. The 20-year loan is secured by about 20 acres and other real estate comprising Maui Land's cannery property, the filing said.