Here's what we are reading this morning:
Washington Prime Group elected to withhold an interest payment of $23.2 million due on February 15, 2021, has a 30-day grace period to make the interest payment before such non-payment constitutes an “event of default.”
Citigroup Loses Fight to Get Back Millions in Mistaken Revlon Lender Transfer - Bloomberg
Troubled Coachella Hotel Project Files Bankruptcy Amid Lawsuit - Bloomberg
Retail: Pre-pandemic profitability could be 5 years out | Retail Dive
Biden Administration Extends Covid-19 Mortgage Relief - WSJ
Country Fresh Files for Bankruptcy, Plans to Sell Itself
Gas at One U.S. Hub Is Trading at $999. Last Week It Was at $4 - Bloomberg
SEC Charges Ratings Agency With Disclosure And Internal Controls Failures Relating To Undisclosed Model Adjustments
Mall Operators Face Trouble Ahead As Tenant Exodus, Pandemic Fallout Push Off Recovery | CoStar
U.S. Bankruptcy Watchdog Says NRA Law Firm Has ‘Disqualifying Conflicts’ - WSJ
Tribune Publishing to be acquired by hedge fund Alden Global Capital - Chicago Tribune
Dean & DeLuca Emerges From Bankruptcy | Progressive Grocer