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  "documentTitle": "Mall REIT sector (long General Growth Properties) (GGP)",
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  "authorName": "Pershing Square Capital Management",
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  "notes": "The slide uses a Bloomberg terminal screenshot to provide empirical evidence of debt price recovery.",
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      "kind": "callout",
      "text": "Like Bon-Ton, many feared Claire’s would seek bankruptcy protection. Year-to-date, its debt has traded up more than 4 times",
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