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Article: Trump Taj Mahal bondholder steering committee rejects Trump restructuring proposal. (Trump Taj Mahal First Mortgage Bonds)
- Article from:
- PR Newswire
- Article date:
- October 18, 1990
CopyrightCOPYRIGHT 1990 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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TRUMP TAJ MAHAL BONDHOLDER STEERING COMMITTEE
REJECTS TRUMP RESTRUCTURING PROPOSAL
NEW YORK, Oct. 18 /PRNewswire/ -- The Steering Committee of the Trump Taj Mahal First Mortgage Bonds today announced that it categorically and unanimously rejects the restructuring proposal filed today by Trump Taj Mahal Funding, Inc. and Trump Taj Mahal Associates Limited Partnership with the Securities and Exchange Commission. The Steering Committee is comprised of 10 financial institutions which collectively own or represent in excess of one-third of the $675 million of first mortgage bonds.
The Steering Committee has previously provided to ...