General Growth Loans Gain 20 Points Since Chapter 11 Filing

General Growth Properties bank debt has soared 20 points since the real estate investment trust filed for bankruptcy protection last month.

  • 15 May 2009

--Leela Parker

General Growth Properties bank debt has soared 20 points since the real estate investment trust filed for bankruptcy protection last month. The term loan was trading at 44-46 Thursday, up from 25-26 following the Chapter 11 filing on April 16. The current trading levels indicate where investors ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 BNP Paribas 14,443 29 18.07
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3 Lloyds Bank 7,329 24 9.17
4 Citi 6,748 19 8.44
5 JP Morgan 5,220 8 6.53

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1 Citi 117,520.50 339 11.05%
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