Distressed Fund Seizes Control of One of America’s Largest Malls
A distressed-debt fund is seizing control of one of the largest malls in America after a series of moves that wiped out some creditors and even left holders of bonds...
By Eliza Ronalds-Hannon, Scott Carpenter, Natalie Wong · Bloomberg Markets
A distressed-debt fund is seizing control of one of the largest malls in America after a series of moves that wiped out some creditors and even left holders of bonds once rated AAA nursing steep losses.