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One Year Ago In The Credit Markets

Chatter began again that General Growth Properties would look to try and reprice its $2 billion "B" loan after its first attempt to bypass its lead banks for a 50 basis point cut did not work.

Chatter began again that General Growth Properties would look to try and reprice its $2 billion "B" loan after its first attempt to bypass its lead banks for a 50 basis point cut did not work. [The company last came to the market in January to refinance a $3.5 billion deal.]

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