Intu says on course to default, seeking debt standstill
British mall operator Intu Properties Plc
warned on Monday it would likely breach its debt
commitments at the end of June due to falling rental payments
and will seek standstill agreements with creditors to ride out
the coronavirus crisis.
warned on Monday it would likely breach its debt
commitments at the end of June due to falling rental payments
and will seek standstill agreements with creditors to ride out
the coronavirus crisis.
Posted by Reuters
