Pennsylvania Real Estate Investment Trust
:PEI 3:45:53 PM EDT
Debt Financing / Related, Bankruptcy / Related
PREIT Successfully Completes Financial Restructuring
Published: 12/11/2020 12:10 GMT
(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.
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.