Byline: Richard D. Hylton New York Times
The price of "junk bonds" backing Donald J. Trump's casinos fell Thursday on news the developer was considering offering holders of the high-yield securities equity ownership in his casinos in exchange for a cut in interest payments.
Trump said no decision had been made, but the casino bonds were still lower in the market.
Also Thursday, the deadline on the expiration of a $20 million bridge loan was extended by a week to Aug. 3 to allow the completion of documents on a larger loan package.
Last month Trump's major bank lenders rescued him with the bridge loan and a larger package that included $65 …
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