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7 months ago
BRIEF-Sears Holdings announces secured standby letter of credit facility
December 29, 2016 / 11:23 AM / 7 months ago

BRIEF-Sears Holdings announces secured standby letter of credit facility

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Dec 29 (Reuters) - Sears Holdings Corp :

* Sears Holdings Corp - lc facility will allow company to request standby letters of credit in an initial amount of up to $200 million

* Facility may be expanded at request of company and with consent of lenders under facility by up to an additional $300 million.

* Sears Holdings announces secured standby letter of credit facility Source text for Eikon: Further company coverage:

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