General Growth Properties has reached an agreement with lenders and servicers to restructure $8.9 billion of mortgages on 77 malls, The Wall Street Journal reports. The move is part of the mall owner’s efforts to remove 166 malls it had put under Chapter 11 bankruptcy protection in April.

With the deal, the mortgage due dates will get extended by 4-5 years, with no debt coming due until 2014. In exchange, General Growth will provide lenders with additional amortization payments on loans, more reserves and additional bankruptcy protections for the lenders.

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