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BRIEF-Sears Holdings through Sears Roebuck Acceptance, Kmart entered letter of credit, reimbursement agreement
December 30, 2016 / 9:38 PM / 9 months ago

BRIEF-Sears Holdings through Sears Roebuck Acceptance, Kmart entered letter of credit, reimbursement agreement

Dec 30 (Reuters) - Sears Holdings :

* Sears Holdings -through Sears Roebuck acceptance and Kmart entered letter of credit and reimbursement agreement providing for $500 million secured standby letter of credit facility

* Says required to pay lenders an upfront fee equal to 1.50% of amount of commitments provided under letter of credit facility Source text (bit.ly/2iOgX29) Further company coverage:

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