On the fly News and insights, exclusive to thefly.com

WPG

Washington Prime

$5.97 /

-0.32 (-5.09%)

11:33
03/04/21
03/04
11:33
03/04/21
11:33

Washington Prime falls after Bloomberg says preparing bankruptcy filing

Washington Prime Group is preparing a potential bankruptcy filing as talks with its lenders are faltering, Bloomberg reports, citing people with knowledge of the plans. The plan to file for Chapter 11 protection isn't final and could change if negotiations evolve or the company's 30 day grace period to pay debt interest is extended, the sources added. Shares of Washington Prime are down 15% to $5.32 following the report.

  • 15

    Mar

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.