Strong Mid-Cap Insider Buys: Q3 2022
We bring you the latest update in our recurring series on companies that enjoy major corporate insider interest over the most recent quarter. Click here to read more.
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We bring you the latest update in our recurring series on companies that enjoy major corporate insider interest over the most recent quarter. Click here to read more.
Retailers in the U.S. have announced 4,432 store openings so far this year, compared with 1,954 store closings, according to data from Coresight Research.
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Mall Owner Macerich Taps PJT Partners to Help Wrangle Debt The investment bank will advise the REIT on options for a $1.5 billion revolving credit facility that comes due in July. Bloomberg | Feb 24, 2021 (Bloomberg)—Mall owner Macerich Co. tapped PJT Partners Inc. for help managing its debt load as pandemic-related closures and retailer bankruptcies crimp its cash flows, according to people with knowledge of the matter. PJT, an investment bank with specialties including debt restructuring, will advise the real estate investment trust on options for a $1.5 billion revolving credit fa...
As Macerich battles its liquidity issues, the mall owner has tapped PJT Partners for additional assistance managing its debt load.