Trump Organization, hit by virus, tries to delay loan payments: report

Trump Organization, hit by virus, tries to delay loan payments: report

New York (AFP) - US President Donald Trump's family company is asking creditors such as Deutsche Bank if it can delay loan payments as the economic impact of the coronavirus pandemic deepens, The New York Times reported Thursday. The Trump Organization -- the conglomerate of companies created by Trump and now run by his sons -- is, like many others, losing money as the restrictions put in place to lessen the spread of deadly COVID-19 bring the US to a grinding halt.The New York Times said the Trump Organization contacted Deutsche Bank, seen as the only major lender willing to do business with ...


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