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American Samoa Economic Development Authority

Pago Pago, AMERICAN SAMOA — In a press release issued May 7, the American Samoa Economic Development Authority (ASEDA) signals that due to current conditions in the global financial markets, ASEDA is considering refinancing or refunding portions of the 2015 bonds (Series B & C) to reduce the...
Governor’s Chief Legal Counsel Jason Mitchell
Pago Pago, AMERICAN SAMOA — In a press release issued May 7, the American Samoa Economic Development Authority (ASEDA) signals that due to current conditions in the global financial markets, ASEDA is considering refinancing or refunding portions of the 2015 bonds (Series B & C) to reduce the...
Rep. Larry Sanitoa
Pago Pago, AMERICAN SAMOA — After reviewing the American Samoa Economic Development Authority’s (ASEDA) public notice of their plan to issue and sell a 2021 bonds series, Rep. Larry Sanitoa says the bonds would increase the government debt by up to $25 million and maintains his belief that the Fono...
Ti’alemasunu Dr. Mikaele Etuale
Pago Pago, AMERICAN SAMOA — In a Mar. 18th memorandum, Gov. Lemanu Peleti Palepoi Sialega Mauga made the “recess appointment” of Chief Procurement Officer, Ti’alemasunu Dr. Mikaele Etuale, as a member to the board of the American Samoa Economic Development Authority (ASEDA). According to the...
New members of the ASEDA Board
Pago Pago, AMERICAN SAMOA — The Legislature has the full authority to change the law that allows the American Samoa Economic Development Authority (ASEDA) to issue bonds. This was the statement by the American Samoa Attorney General Fainu’ulelei Ala’ilima Utu during a House Hearing to approve three...
Sen. Magalei Logovi’i
Pago Pago, AMERICAN SAMOA — A Senate bill, sponsored by Sen. Magalei Logovi’i, if enacted into law will address long standing complaints from several lawmakers in the past years, over the American Samoa Economic Development Authority issuing new bonds and spending these revenues without Fono...
ASG Treasurer Malemo L. Tausaga
Pago Pago, AMERICAN SAMOA — ASG Treasurer Malemo L. Tausaga is the newest member of the American Samoa Economic Development Authority (ASEDA) board of directors after his confirmation by the Senate. Malemo’s “insight as the Treasurer... will be an asset to the board in executive objectives that...
ASG govt logo
Pago Pago, AMERICAN SAMOA — Based on advise from consultants, American Samoa Economic Development Authority (ASEDA) board of directors has opted not to move forward with the proposed general refunding bond 2020 series. In the meantime, the board has updated investors on the latest development at...
ASG govt logo
Pago Pago, AMERICAN SAMOA — The American Samoa Economic Development Authority (ASEDA) is trying to refinance its current bonds at the lower interest rates— taking advantage of the bond market at this time, says ASEDA board member Iulogologo Joseph Pereira, responding to Samoa News inquiries...
ASG govt logo
Pago Pago, AMERICAN SAMOA — The three House members who filed a lawsuit last year against the American Samoa Economic Development Authority (ASEDA) board of directors, over the agency’s spending of proceeds from the 2018 bond series without Fono approval will not seek reconsideration of the High...

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