LOS ANGELES-(AP) Shopping mall operator General Growth Properties Inc. will have four more months to sort out its exit from Chapter 11 bankruptcy and weigh buyout offers. U.S. Bankruptcy Judge Allan Gropper in New York on Wednesday extended the period of time the company has to exclusively f
Also tagged extended-the, four-more, general, gropper, its-exit, mall-operator, period, shopping, sort-outCHICAGO – (AP) Mall operator General Growth Properties Inc. said a bankruptcy court has approved its plan to restructure $10.25 billion in debt related to 103 properties as part of its effort to emerge from Chapter 11 bankruptcy protection. General Growth, which is based in Chicago
Also tagged 103-properties, bankruptcy-court, chapter, chicago, debt-related, emerge-from, has-approved, its-plan, properties-as-partAP – General Growth Properties Inc. said Wednesday lenders have agreed to restructure about $9.7 billion in debt under a plan that will allow 92 of its properties to emerge from bankruptcy protection by the end of the year. Excerpt from: General Growth restructures $9.7 billion in debt …
Also tagged bankruptcy-protection, its-properties, lenders-have, properties, the-year, will-allow, yearAP – General Growth Properties Inc. said Wednesday lenders have agreed to restructure about $9.7 billion in debt under a plan that will allow the nation’s second-largest shopping mall operator to emerge from bankruptcy protection by the end of the year. See the rest here: General Growth to emerge from Ch. …
Also tagged allow-the-nation, bankruptcy-protection, debt-under, emerge-from, general, lenders-have, nation, properties, the-rest, wednesdayAP – Mall operator General Growth Properties Inc., which filed for bankruptcy earlier this year, said Thursday its lenders have agreed to restructure some $8.9 billion in shopping mall mortgage loans. Excerpt from: General Growth, lenders agree on mall debt rework (AP)
Also tagged 8-9-billion, agree-on-mall, for-bankruptcy, general, its-lenders, properties, thursday, which-filed, yearReuters – General Growth Properties Inc , the large U.S. mall operator that filed for bankruptcy in April, on Tuesday reported a 2.1 percent decline in quarterly net operating income from its retail properties, citing weakness in the economy and falling occupancy rates. Visit link: General Growth retail net operating income falls …
Also tagged 2-1-percent, and-falling, april, citing-weakness, economy, falls, for-bankruptcy, general, large, mall-operator, properties, retail-net, retail-properties, tuesdayNEW YORK – (AP) A group of lenders accused shopping mall operator General Growth Properties of including eight properties in its bankruptcy filing that do not need court protection. The shopping centers, including the Tucson Mall in Arizon
Also tagged arizon, court-protection-, general, including-eight, including-the, including-the-tucson, its-bankruptcy, lenders-accused, new, not-need, properties, shopping-mall, tucson, tucson-mallWASHINGTON – (AP) Shopping-mall owner General Growth Properties Inc. is getting a two-week extension on $900 million in debt that had been scheduled to come due last week as the company works to stave off bankruptcy and negotiate longer-term extensions with lenders.
Also tagged 900-million, bankruptcy-and, come-due, extensions-with, properties, stave-off-bankruptcy, two-week-extension, week-as-the