Philadelphia Business Journal
The company has contacted the SEC and is requested a 15-day extension to work-out terms with lenders over bridge loans and senior credit facilities. The lenders had already agreed to extend the loans until May 8, but Capmark fears that will not be enough time in light of their losses.
To read the full Journal story, click here
NOT FOR REPRINT
© Arc, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.