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Deutsche Bank reportedly considered restructuring Trump’s loans on worries he might default

February 20, 2019

Via: CNBC

Deutsche Bank officials were worried enough that President Donald Trump might default on loans after he was elected that the institution considered extending the repayment dates, according to a Bloomberg News report Wednesday.

The Trump Organization had about $340 million in outstanding loans that were to come due in 2023 and 2024, or potentially in the president’s second term should he win re-election in 2020. Bank officials worried about the optics of collecting from a sitting president, so they considered pushing out the due dates to 2025, the report said.

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