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Capital & Regional sells assets to reduce debt Capital & Regional sells assets to reduce debt

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Old 08-29-2008, 02:58 PM
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Default Capital & Regional sells assets to reduce debt
Capital & Regional, the London-based commercial property investor and fund manager, has overhauled its banking covenants and reduced its overall debt by a significant level. The company has been conducting negotiations with its lenders, selling assets, and entering into joint ventures.During the past year, the company’s share price has fallen by almost 80%. Following the [...]

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