Issue 2013 April 09th

This issue was created on 2013-04-09 08:11:00

  • Blackstone to steer new course for Dutch developerApril 9, 2013
The European real estate arm of Blackstone is reported to have acquired almost half of the debt of Multi Corp and may soon gain control of the shopping mall developer. The news comes after Multi Corp recently missed an interest payment, which is likely to force bank lenders still holding their loans to take writedowns and sell their exposure.
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