Bed Bath & Beyond’s Challenges Linger After Loan Deal

Date:



Mattress Tub & Past Inc . chosen asset supervisor Sixth Avenue Companions to produce new financing, in keeping with folks aware of the matter, as doubts stay amongst distributors and a few buyers concerning the firm’s turnaround prospects.

Sixth Avenue is in unique talks with Mattress Tub & Past and is nearing ultimate phrases for a mortgage of near $400 million to shore up the troubled retailer’s liquidity, in keeping with folks aware of the matter. Negotiations to finalize the mortgage paperwork are ongoing, one of many folks stated.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Global Economy Slows, but Seems to Be Faring Better Than Feared

EconomyA weak begin to 2023 is anticipated in...

Two Explosions in Jerusalem Kill One, Injure 26

Each explosions occurred close to bus stops in...

Oil-Shipping Costs Soar as Ukraine War Reshapes Global Trade

Tankers are spending extra time on the water...