United States:
Distressed Daily: Mall Owner Offers Retention Pay To Whole Staff
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"There's not a lot of money to go around at Washington
Prime Group. The mall operator said this month that it skipped a
$23.2 million interest payment and brought on advisers to help to
restructure its debt. Yet that hasn't stopped it from
speeding up bonuses – not just for the typical C-suite
types but for the whole workforce – starting this
year."
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