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Reuters: General Growth to ask bondholders for extension: report

Started by chris, March 09, 2009, 07:59:12 AM

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chris

General Growth to ask bondholders for extension: report
      
   
      


(Reuters) - Mall giant General Growth Properties Inc  intends on Monday to begin formally soliciting holders of $2.3 billion of its bonds to grant it another nine months of breathing room as it juggles its debts and strives to avoid bankruptcy, the Wall Street Journal said.<div class="feedflare">
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