Pennsylvania Real Estate Investment Trust

NYSE:PEI   3:59:59 PM EDT
+0.14 (+8.33%)
Debt Financing / Related, Bankruptcy / Related

PREIT Successfully Completes Financial Restructuring

Published: 12/11/2020 12:10 GMT
Pennsylvania Real Estate Investment Trust (PEI) - Preit Successfully Completes Financial Restructuring.
Preit - Successfully Completed Financial Restructuring and Emerged From Chapter 11 Following an Expedited Process.
Preit - Now Has Access to Up to $130 Million of New Capital.
Preit - Preit's Debt Maturity Schedule Has Been Extended, Providing Co With Enhanced Financial Flexibility.
Preit - Co's Common Stock Will Continue to Trade on Nyse Under Same Ticker Symbol Pei.