Washington Prime Group Announces Successful Completion of Financial Restructuring
Washington Prime Group Inc. (WPG or the Company) today announced that it and each of its debtor affiliates have emerged from the Chapter 11 process, signifying the successful completion of the Companys financial restructuring and the implementation of its Plan of Reorganization (the Plan).
- Washington Prime Group Inc. (WPG or the Company) today announced that it and each of its debtor affiliates have emerged from the Chapter 11 process, signifying the successful completion of the Companys financial restructuring and the implementation of its Plan of Reorganization (the Plan).
- With WPGs successful emergence from bankruptcy, Lou Conforti is stepping down from his role as chief executive officer.
- Mark Yale, WPGs Executive Vice President and Chief Financial Officer, and Josh Lindimore, the Companys Executive Vice President, Head of Leasing, will serve as interim Co-CEOs.
- Washington Prime Group Inc. is a recognized leader in the ownership, management, acquisition and development of retail properties.