The Trump Organization reportedly asked to delay paying its loans after coronavirus impact

Reuters

• The Trump Organization is seeking financial relief for some of its loans and property payments in light of the economic impact of the coronavirus, The New York Times reported. 
• Discussions between the Trump Organization and Deutsche bank and Palm Beach County are still ongoing, according to The Times. 
• Visit Business Insider's homepage for more stories.

The Trump Organization is seeking financial relief by reaching out to one of its largest creditors and local officials to see if they can delay loan payments and monthly fees, The New York Times reported.

According to The Times, some of the organization's hotels and golf courses have closed like other non-essential businesses across the US in light of social distancing measures and stay-at-home orders to stop the spread of the new coronavirus. 

See the rest of the story at Business Insider

NOW WATCH: A 45-year-long study discovered trends in successful hyper-intelligent children

See Also:

• Spain recorded 950 coronavirus deaths in a day, the highest single-day toll of any country
• NYC paramedics are stretched so thin by the coronavirus they're being told to leave cardiac-arrest sufferers at home if they can't get a pulse at the scene
• Health officials have reportedly increased security for White House coronavirus expert Dr. Fauci after threats

from Feedburner https://ift.tt/2R7d0FE