Sears Holdings Corp CEO Eddie Lampert has stepped in to contribute toward a financing package of between $500 million and $600 million that the U.S. department store operator was close to securing on Sunday to fund operations during bankruptcy proceedings, people familiar with the matter said.
Exclusive: Sears Ceo Steps In For Bankruptcy Financing - Sources
Reuters: Business News, Reuters: Business
Sun, 10/14/2018 - 7:37pm
BING NEWS:
- Beloved retail chain survives Chapter 11 bankruptcy
That's a cycle that claimed Christmas Tree Shops and Tuesday Morning, two "treasure hunt" retailers that had loyal customer bases that could not catch up on their added debt after Covid. Both of those ...
05/11/2024 - 1:45 am | View Link - Steward’s bankruptcy documents reveal sprawling debt, planned hospital fire sale
Since filing for bankruptcy Monday, Steward Health Care revealed it's carrying more than a $1 billion in debt and said its entire hospital portfolio is for sale.
05/7/2024 - 5:32 am | View Link - US hospital network Steward files for bankruptcy, aims for new loan
Steward Health Care, which operates 31 hospitals in eight U.S. states, filed for Chapter 11 bankruptcy in Texas on Monday, aiming to secure a new loan from its landlord Medical Properties Trust .
05/6/2024 - 9:29 am | View Link - Steward CEO tells employees bankruptcy filing will not have ‘negative impact’
Steward Health Care CEO Ralph de la Torre on Monday, the same day the company filed for Chapter 11 bankruptcy, sought to reassure employees that the bankruptcy filing was simply a way for the company ...
05/6/2024 - 9:06 am | View Link - St. Joseph Medical Center parent co. Steward Health Care files for Chapter 11 bankruptcy protection
Dallas-based Steward Health Care System LLC — which owns St. Joseph Medical Center in downtown Houston — has filed for Chapter 11 bankruptcy protection. The for-profit, physic ...
05/6/2024 - 8:37 am | View Link - More
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