Rouse

Rouse is a US-based subsidiary of real estate company General Growth Properties. While the company's immediate debt amounts are not available, according to a 10K filing on 27 February 2009, General Growth Properties held approximately $24.8 billion in outstanding debt. A 10K filing on 18 April 2006 noted Rouse holding approximately $6.5 billion in total outstanding debt.

Isda published an announcement on 20 March that there will be a credit default swap auction protocol to settle derivatives trades referencing Rouse. Isda noted that Rouse failed to make an interest payment of $2 billion on 16 March 2009.

General Growth Properties acquired Rouse in 2004.