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Pyramid Management to Buy Back Bonds on Struggling NY Megamall

Key takeaways

  • Pyramid Management is repurchasing mortgage bonds on its Syracuse megamall at a significant loss, impacting previously top-rated securities worth over $350
#finance#real estate#bonds

Analysis

Pyramid Management is repurchasing mortgage bonds on its Syracuse megamall at a significant loss, impacting previously top-rated securities worth over $350

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