Brookfield's Atlantis Resort Secures $1.9 Billion Refinancing with Citigroup

Brookfield Corp's Atlantis Paradise Island resort in the Bahamas has secured a $1.93 billion debt refinancing led by Citigroup. The resort has seen record visits in 2022 and 2023, and Brookfield plans to invest $475 million in capital improvements over the next five years, including a renovation of the Cove hotel starting next year.