Monday, December 1, 2008
General Growth Wins Temporary Reprieve
The Mall in Columbia's corporate parent negotiated an extension to a couple big loans hanging over its head, according to this release:
General Growth Properties, Inc. (NYSE:GGP) announced that it has reached an agreement with its syndicate of lenders for an interim extension of two weeks for the November 28 maturity date on its Fashion Show and Palazzo mortgage loans totaling $900 million. The parties are continuing their discussions on a longer term extension.
General Growth Properties, Inc. (NYSE:GGP) announced that it has reached an agreement with its syndicate of lenders for an interim extension of two weeks for the November 28 maturity date on its Fashion Show and Palazzo mortgage loans totaling $900 million. The parties are continuing their discussions on a longer term extension.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment