Wednesday, September 27, 2017

Toys ‘R’ Us secures $3.1 billion financing

In an important vote of confidence in its brand from key lenders, Toys "R" Us closed on crucial financing just in time for the holiday crunch.
 
The retailer announced that it has closed on $3.1 billion of financing facilities that will support its operations during its restructuring process. The financing was from a group of lenders led by JP Morgan.. . . more

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