Advertisement
YOU ARE HERE: LAT HomeCollectionsOlympia York Developments Co
IN THE NEWS

Olympia York Developments Co

FEATURED ARTICLES
BUSINESS
September 9, 1992 | From Associated Press
Olympia & York agreed Tuesday to sell a 53-story skyscraper to bondholders in perhaps the biggest debt restructuring of its kind to involve a U.S. office building. To some, Olympia & York's surrender of its 55 Water St. building in lower Manhattan signals its first major restructuring of a real estate debt since it filed for bankruptcy protection in the spring. "I think it shows their willingness to deal with bondholders in a reasonable way," said Thomas Facciola, an associate with S. G.
ARTICLES BY DATE
BUSINESS
September 9, 1992 | From Associated Press
Olympia & York agreed Tuesday to sell a 53-story skyscraper to bondholders in perhaps the biggest debt restructuring of its kind to involve a U.S. office building. To some, Olympia & York's surrender of its 55 Water St. building in lower Manhattan signals its first major restructuring of a real estate debt since it filed for bankruptcy protection in the spring. "I think it shows their willingness to deal with bondholders in a reasonable way," said Thomas Facciola, an associate with S. G.
Los Angeles Times Articles
|