Unsecured Debt – Bill Ackman Rebuts Hovde’s Short Thesis for General Growth Properties – Seekingalpha.com

Posted on December 22, 2009
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Bill Ackman Rebuts Hovde’s Short Thesis for General Growth Properties – Seekingalpha.com
In summary, Ackman has provided a wide range of GGWPQ’s equity value based upon fellow REIT valuations. He comes up with a price target of $24-43 per share which excludes the MPC segment of General Growth. He feels that high quality U.S. malls will
Source: seekingalpha.com

Some General Growth malls may clear bankruptcy court – Chicago Tribune
It has billions of dollars worth of additional mortgage loans and unsecured debt not affected by the plan. The company listed $27 billion in debt when it filed for bankruptcy protection in the spring. Thomas Nolan, the company’s president and chief
Source: www.chicagotribune.com

Court to OK mall owner’s restructuring – Chicago Tribune
It has billions of dollars in additional mortgage loans and unsecured debt not affected by the plan. It listed $27 billion in debt when it filed for bankruptcy protection in the spring. Thomas Nolan, the company’s president and chief operating
Source: www.chicagotribune.com

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