Bondholders behind The American Dream Mall in New Jersey could be in for some pain. Mutual funds and investors that bought bonds backing the construction of the American Dream Mall near the Meadowlands have seen hundreds of millions of dollars in losses and more could be on the way, according to the Wall Street Journal. The price of some of the almost $1 billion of municipal bonds fell to about 87 cents on the dollar
source https://therealdeal.com/2020/08/26/american-dream-bondholders-see-big-losses/
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