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Paul Hastings Advised Lenders on $1.2B Restructuring of Pennsylvania Real Estate Investment Trust
April 06, 2024
LOS ANGELES, California, April 6 -- Paul Hastings, a law firm, issued the following news:

Paul Hastings LLP advised an ad hoc group of first lien and second lien lenders in connection with the comprehensive restructuring of Pennsylvania Real Estate Investment Trust ("PREIT"). Headquartered in Philadelphia, PREIT is a real estate investment trust with more than 18.3 million square feet of retail space.

The pre-packaged reorganization plan was supported by 100% . . .

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