LCULLouisiana Credit Union League
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"We want to encourage friendly competition amongst our credit unions as they challenge each other to match or beat each other in donations to the Louisiana Foundation," LCUL President/CEO Anne Cochran said.
"LCUL has started issuing emergency quick cash grants through the Louisiana Foundation for immediate assistance, which we hope will help in some capacity."
The company said in a statement yesterday the proposed debt restructuring would involve an issuance of RM606mil nominal value of 1 percent lculs at 100 percent of its nominal value as full and final settlement of loans owing by WIHB and two of its subsidiaries Plaza Rakyat Sdn Bhd and Wembley IBAE Sdn Bhd (IBAE) amounting to approximately RM606mil.