NEW YORK, Oct 15 (Reuters) - Shopping mall company General Growth Properties said on Friday that it now expects to
exit bankruptcy on Nov 8 as it announced a revision to an offering of mandatorily exchangeable noted.
The company also said it made corporate governance changes moving it toward the annual election of directors by eliminating its staggered board structure.
With these changes it said it sees 'a clear path to confirmation' of its restructuring plan at a court hearing scheduled for Oct. 21.
It had filed for bankruptcy protection in April 2009.
(Reporting by Sinead Carew; editing by xxx) Keywords: GENERALGROWTH/ (sinead.carew@thomsonreuters.com + 1 646 2236186) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
exit bankruptcy on Nov 8 as it announced a revision to an offering of mandatorily exchangeable noted.
The company also said it made corporate governance changes moving it toward the annual election of directors by eliminating its staggered board structure.
With these changes it said it sees 'a clear path to confirmation' of its restructuring plan at a court hearing scheduled for Oct. 21.
It had filed for bankruptcy protection in April 2009.
(Reporting by Sinead Carew; editing by xxx) Keywords: GENERALGROWTH/ (sinead.carew@thomsonreuters.com + 1 646 2236186) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.