Jared Kushner’s troubles include an impending $1.2 billion company debt - News Summed Up

Jared Kushner’s troubles include an impending $1.2 billion company debt


White House officials said Tuesday that Kushner would henceforth have access at a lower level, but they gave no reason for the decision. On Wednesday, the New York Times reported that the Kushner Cos. received loans from two firms whose executives met with Kushner in the White House. A White House official referred questions about the matter to Kushner’s attorney, Abbe Lowell. Kushner bought 666 Fifth Avenue shortly after taking over the family company. “The fate of 666 Fifth lies with the lenders and to what extent, and at what price, they will sell the debt,” he said.


Source: Washington Post March 01, 2018 20:42 UTC



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