All User Takes for General Growth Properties

AlexPiqqer

A while ago

This guys are in very bad shape. $27 billion in loans coming due in four years. Defaulted on loan payment. Might be too big to fail, however as lenders can't let them markdown all the assets.

2
GGP

AlexPiqqer

A while ago

missed bond payment on Friday, positive because will force lenders to allow restructuring. Counterintuitive logic.

2
GGP