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.
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Deutsche Bank reportedly planned to extend the dates of $340 million in loans to Trump Organization to avoid a potential nightmare of chasing a sitting president for cashThe Trump Organization denies the reports, while President Trump's son Eric described the story as 'complete nonsense.'
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Deutsche Bank had major concerns Trump Org would default on $340 million loans while he was president: ReportThe concern from executives was not the creditworthiness of Trump or his company, but rather about Deutsche’s reputation and a potential public relations fiasco if they were ever faced with seizing assets of a sitting president
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