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home / news releases / WPG - Washington Prime gets another forbearance extension for about a week


WPG - Washington Prime gets another forbearance extension for about a week

Washington Prime Group (WPG) shares rise 2.3% in after-hours trading after the mall REIT's lenders and forbearing noteholders agree to extend its forbearance period again, this time by about a week to May 5.The company continues negotiations with those noteholders and lenders to restructure its capital structure. Last month, the company said the restructuring may be executed through  Chapter 11 bankruptcy.

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Washington Prime gets another forbearance extension for about a week
Stock Information

Company Name: Washington Prime Group Inc.
Stock Symbol: WPG
Market: NYSE
Website: washingtonprime.com

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