Intu seeks debt waivers, aid as rental payments sink
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(Reuters) - UK-based mall operator Intu is asking its banks to waive existing debt covenants and will seek support from the government's coronavirus emergency schemes, the company said on Thursday, as it reported a collapse in rent payments by tenants.British retail property owners and tenants have been working together to defer rent payments and find other solutions that allow shops, businesses and landlords to ride out the coronavirus shutdown.On Tuesday, Intu said it will lower its service..