Trump Organization Charges Magnify Risks of Debt Refinancing
- Financial officer Weisselberg is being charged with tax crimes
- Businesss has more than $590 milion of debt maturing
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Six months after President Donald Trump helped incite a riot in the Capitol, prospects for his family business were surprisingly not that bad.
Sure, some business partners were cutting ties and fewer tourists were staying at his hotel in Washington D.C., but he’d recently refinanced debt tied to one of his most valuable properties, Mar-A-Lago was bustling and he was teasing a new social media operation.