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WEDNESDAY, NOVEMBER 25, 2009
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NEWS ABOUT: Commerzbank

Commerzbank stories: 1 news summaries

 Shopping Mall Giant 
 Goes Bankrupt 

Second-largest U.S. mall owner can't refinance billions in debt

Apr 16, 09 7:08 AM CDT
(Newser) - Chicago-based General Growth Properties, the second-largest US shopping mall owner, filed for Chapter 11 bankruptcy today after attempts to refinance more than $27 billion in debt failed, Bloomberg reports. The owner of more than 200 shopping malls owes a unit of Germany’s Commerzbank $2.6 billion, while bondholders are... More »

MORE ABOUT:
bankruptcy • debt • bonds • mall • Standard and Poor • Chapter 11 • Commerzbank

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