WPG - Washington Prime gets weekly forbearance extension still in talks with lenders

Washington Prime Group (WPG) gets its weekly forbearance extension from certain noteholders and lenders, bringing its next expiration to June 2, 11:59 PM ET."The company is continuing to engage in negotiations and discussions with the forbearing noteholders and forbearing lenders to restructure its capital structure," the company said in an SEC filing.Recall that in March, the shopping mall owner had approached investors to gauge their interest in providing potential $150M i bankruptcy financing. To be clear, WPG hasn't yet filed for Chapter 11, though it has said that's a possibility.

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Washington Prime gets weekly forbearance extension, still in talks with lenders