Sears Holdings gained some breathing room amid the critical holiday shopping season with a pair of deals the struggling Hoffman Estates-based retailer said will give it more financial flexibility.
paid down $325 million on a loan originally due midway through next
year and entered into an agreement that gives it an extension to repay
the remaining $400 million due, the company said Tuesday. That loan now
matures in January 2019 but could be extended another six months.. . . more