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Debt Financing / Related, Restructuring / Reorganization, Other Pre-Announcement

Washington Prime Group Posts Q4 FFO Per Share Of $1.69

Published: 03/16/2021 21:20 GMT
(WPG) - Washington Prime Group Announces Fourth Quarter and Fiscal Year 2020 Results.
Q4 FFO per Share $1.69.
Says Continuing to Engage in Negotiations and Discussions to Restructure Its Capital Structure.
Says Board Has Made Decision to Suspend Q1 Dividends on Its Common Shares.
Says Not Providing 2021 Guidance, Co Will Not Host an Earnings Conference Call This Quarter.
Says Restructuring May Need to Be Implemented in Cases Commenced Under Chapter 11 of United States Bankruptcy Code.
Says Expects to Continue to Provide Quality Service to Its Customers Without Interruption.
Washington Prime Group - Continues to Be Open to All Discussions With Holders of Notes and Its Other Stakeholders Regarding a Potential Restructuring.