Washington Prime Group Inc., owner of the Whitehall Mall, announced that the company and some of its subsidiaries have filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code.

The company will use Chapter 11 to restructure debt.

Washington Prime Group has secured $100 million in new money debtor-in-possession financing from the Consenting Creditors to support day-to-day operations during the Chapter 11 process. The company says customers can expect business as usual at all at the mall.

Lou Conforti, CEO and director of Washington Prime Group, said in a news release: “The company’s financial restructuring will enable WPG to right size its balance sheet and position the Company for success going forward.

During the financial restructuring, we will continue to work toward maximizing the value of our assets and our operating infrastructure. The company expects operations to continue in the ordinary course for the benefit of our guests, tenants, vendors, stakeholders and colleagues.”

Washington Prime Group cited the COVID-19 pandemic as a contributing factor.