The funds cover expenses for emergency protective measures, debris removal and for the Sheltering and Temporary Essential Power Pilot Program.
Popular intends to use the net proceeds from the offering plus available cash to redeem $450 million aggregate principal amount of its outstanding 7.00 percent Senior Notes.
Its agreement with the Tourism Co. also includes professional consultation pertaining to new technology, policy and legislation development, rule writing, field issues, player disputes, and forensic examinations.