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Published on 4/16/2009 in the Prospect News Bank Loan Daily, Prospect News Convertibles Daily, Prospect News Distressed Debt Daily and Prospect News High Yield Daily.

Fitch downgrades General Growth

Fitch Ratings said it downgraded the issuer default ratings of General Growth Properties, Inc. and its subsidiaries GGP LP and Rouse Co. LP to D.

The action follows the announcement that the companies filed for chapter 11 bankruptcy protection, according to the agency.


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