18 December 2008

GGP Gains Breathing Room

Reports today indicate GGP has reached an agreement with lenders on an extension of thier $900M loan that was due last month. The agreement, termed a "forbearance and waiver" agreement gives GGP until February 12, 2009 to pay the loan.


Tom said...

WWHHAATT a new post????
Is your life sloooowing down?

Anonymous said...

Happy Holidays and Merry Christmas, Peaceful New Year everyone.