SPY411.49+2.97 0.73%
DIA337.86+2.73 0.81%
IXIC13,900.19+70.88 0.51%

BRIEF-Washington Prime Group Says Intentions Are To Consummate Restructuring, To Generate Sufficient Liquidity From Restructuring To Meet Obligations, Operating Needs

· 03/16/2021 18:03
BRIEF-Washington Prime Group Says Intentions Are To Consummate Restructuring, To Generate Sufficient Liquidity From Restructuring To Meet Obligations, Operating Needs

- Washington Prime Group Inc WPG.N:

  • WASHINGTON PRIME GROUP - INTENTIONS ARE TO CONSUMMATE RESTRUCTURING, TO GENERATE SUFFICIENT LIQUIDITY FROM RESTRUCTURING TO MEET OBLIGATIONS, OPERATING NEEDS

  • WASHINGTON PRIME GROUP - CO'S LIMITED LIQUIDITY, RECURRING LOSSES FROM OPERATIONS AND ACCUMULATED DEFICIT, CREATE SUBSTANTIAL DOUBT ABOUT CO ABILITY TO CONTINUE AS GOING CONCERN

Source: (https://bit.ly/3tpQqIQ)

Further company coverage: WPG.N


((Reuters.Briefs@thomsonreuters.com;))