Reuters logo
U.S. bankruptcy judge says will approve loan for Toys 'R' Us
September 19, 2017 / 7:33 PM / 3 months ago

U.S. bankruptcy judge says will approve loan for Toys 'R' Us

WILMINGTON, Del, Sept 19 (Reuters) - The U.S. Bankruptcy judge overseeing the Chapter 11 of Toys ‘R’ Us said on Tuesday he would approve the company’s request to borrow more than $2 billion to help stabilize the largest U.S. toy chain as it builds inventory for the year-end shopping season.

Toys ‘R’ Us filed for bankruptcy Monday, squeezed by online shopping and discount chains.

Reporting by Tom Hals in Wilmington, Delaware; Editing by Nick Zieminski

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below