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GGP Greatland Gold Plc

7.40
0.10 (1.37%)
Last Updated: 08:27:47
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Greatland Gold Plc LSE:GGP London Ordinary Share GB00B15XDH89 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.10 1.37% 7.40 7.30 7.50 7.40 7.35 7.40 2,174,156 08:27:47
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Gold Ores 0 -21.12M -0.0041 -18.05 376.69M

Eurohypo: Only 10% Exposure To $2.6 Billion General Growth Loan

16/04/2009 5:14pm

Dow Jones News


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Commerzbank AG's (CBK.XE) Eurohypo unit Thursday said its potential losses from U.S. mall owner General Growth Properties Inc. could amount to only 10% of its $2.6 billion loan to the company, which sought bankruptcy protection earlier Thursday in one of the largest real-estate failures in U.S. history.

Eurohypo, which specializes in commercial real estate and public finance, said it previously made provisions for a potential loss related to General Growth and was including further provisions in its 2009 business plan.

Eurohypo added it supports a restructuring plan for General Growth under its bankruptcy protection filing.

Company Web sites: www.eurohypo.com; www.commerzbank.com

-By William Launder and Ulrike Dauer; Dow Jones Newswires; +49 69 29 725 515; william.launder@dowjones.com

 
 

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