NICE27 USAF KC-135 tanker done over Not AF1 Joe at Camp David
SAM675 USAF G5 inbound from Scott AFB, IL overnight
RCH832T USAF C-17 Globemaster on descecnt for JBA from El Paso Int'l load-in
Billionaire’s Chilean Financial Firm Seeks Bankruptcy in U.S.
Corp Group Banking SA, a Chilean financial holding company controlled by billionaire Alvaro Saieh, filed for bankruptcy after the coronavirus pandemic sparked an economic slowdown that worsened fortunes in the banking sector.
The Santiago-based company sought Friday Chapter 11 protection from creditors in the Bankruptcy Court for the District of Delaware. The move was expected after the company skipped an interest payment last year on $500 million of 6.75% notes due 2023 and didn’t cure it when a grace period expired Oct. 15. Corp Group Banking failed to meet its payments after the pandemic and social unrest in Chile affected operations at its main operating unit, lender Itau CorpBanca, a bank in which it owns a 26.6% stake. Amid a severe economic downturn, Itau suspended dividend payments that Corp Group relied on to meet obligations. Saieh, who owns one of Chile’s largest conglomerates with stakes in media, retail, real estate, and hotels, agreed in 2014 to sell his controlling stake in Corpbanca to Itau Unibanco Holding SA for $1.8 billion.
Itau Corpbanca announced earlier this month a plan to sell as much as $1.15 billion in new shares to meet Basel III capital requirements.
https://www.bnnbloomberg.ca/billionaire-s-chilean-financial-firm-seeks-bankruptcy-in-u-s-1.1621966
Alvaro Saeih Bendeck is the largest shareholder of Itau CorpBanca, a Chilean financial firm, and VivoCorp, a real estate group with malls and offices. He built CorpBanca after buying Chile's Banco Concepcion in 1995. Saieh Bendeck sold his stake in insurance companies CorpSeguros and CorpVida in 2016. He also owns over half of SMU, a Chilean supermarket chain that went public in January 2017. Born in Colombia, Saieh Bendeck is a Chilean citizen of Palestinian descent.
https://www.forbes.com/profile/alvaro-saieh-bendeck/?sh=99cdb0355377
Japan expatriates to be vaccinated upon return from August
Japanese expatriates temporarily returning to their home country will begin receiving vaccinations against the novel coronavirus starting on Aug. 1, Foreign Minister Toshimitsu Motegi said Friday. Pfizer Inc.’s COVID-19 vaccine will be available to returning expats at Narita International Airport in Chiba Prefecture and Tokyo’s Haneda Airport in response to concerns among Japanese nationals over being vaccinated overseas.
The government will open up a special website for the inoculation program in July and start accepting reservations. Although many people around the world have already received coronavirus vaccines, inoculations have been slow in developing nations. There have also been concerns over the safety of vaccines other than those developed by major U.S. and British drugmakers that have been approved by the Japanese government. In a survey taken by the Foreign Ministry covering Japanese expats living in 169 countries and regions, around 40,000 people said they want to be vaccinated. Many expats said that they want to receive injections in Japan, Motegi said at a news conference.
The new program will allow such people to be vaccinated during the Bon summer holiday season in August as well as at other times, he added.
https://www.japantimes.co.jp/news/2021/06/26/national/japanese-expats-vaccinations/