Spring Hill Mall / General Growth Properties Contemplate Bankruptcy

NEW YORK (Reuters) – Shares of General Growth Properties Inc GGP.N fell 73 percent on Tuesday after the second-largest U.S. mall owner expressed doubts that it could continue operating due to its looming near-term debt.
The Chicago-based retail property company has $1.13 billion in debt coming due, including $900 million in secured mortgage debt on the [...]

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