December 12, 2017 / 10:06 PM / 5 months ago

BRIEF-Sears Says Entered Into Agreement To Extend Maturity Of Existing Term Loan To Jan 2019

Dec 12 (Reuters) - Sears Holdings Corp:

* SEARS HOLDINGS CORP - ENTERED INTO AGREEMENT TO EXTEND MATURITY OF ITS EXISTING TERM LOAN FROM JUNE 2018 TO JAN 2019

* SEARS HOLDINGS CORP - ALSO INTENDS TO OBTAIN NEW SECURED CREDIT FACILITY

* SEARS HOLDINGS CORP - INTENDS TO USE PROCEEDS FROM SECURED CREDIT FACILITY TO FUND PAYMENT OF ABOUT $407 MILLION INTO SEARS PENSION PLANS Source text for Eikon: Further company coverage:

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