Content about Debt Financing

June 19, 2014

Alco Stores Inc. reported a net loss of $8.1 million in the first quarter of its fiscal year, up from a loss of $1.7 million in the year-ago period, amid an elimination of a tax benefit.

May 15, 2014

J.C. Penney topped expectations for the first quarter, reporting a 6.2% increase in same-store sales that easily topped views.

March 28, 2014

Wal-Mart Stores Inc. filed suit with the U.S. District Court for the Western District of Arkansas suing Visa for $5 billion, alleging that the financial services company overcharges on the credit and debit card swipe fees it charges retailer.

October 28, 2013

Chinos Intermediate Holdings A, Inc., the indirect parent company of J. Crew Group, Inc., intends to issue $500 million of senior PIK toggle notes due 2019.

October 16, 2013

CBL & Associates Properties, Inc. has closed on an $80 million non-recourse loan secured by The Outlet Shoppes at Atlanta, a 75/25 joint venture with Horizon Group Properties.

October 9, 2013

The owners of Palmetto Gardens Plaza, a 7.1-acre center in Miami Gardens, have reached a settlement with PNC Bank, secured a new loan with Hudson Financial Services and signed a lease with Wal-Mart for a Neighborhood Market Store as its anchor tenant.

May 23, 2013

A group of large U.S. retailers – including Macy’s, Target and J.C. Penney – filed suit against Visa and MasterCard on Thursday, abandoning a proposed $7.2 billion settlement reached last year over allegedly inflated credit card processing fees.

April 26, 2013

Goldman Sachs has put together a $1.75 billion financing package for J.C. Penney Co., with the loan backed by the retailer’s real estate and other assets, according to CNBC.

April 1, 2013

Walmart is easing the pain at the pump by offering customers who use a Walmart MoneyCard or Walmart Credit Card a 15 cents per gallon reduction on their fuel purchase.

March 13, 2013

Columbus, Ohio-based Casto said that its JV partners The St. Joe Co. and Strategic Retail Advisors, along with U.S. Bank, have closed on a $46 million construction loan that will finance The Pier Park North Shopping Center, a 360,000-sq.-ft. shopping center in Panama City Beach, Fla.

February 27, 2012

Two months after Sears Holdings Corp. received a $150 million Illinois tax credit for cementing its plans to keep its home base in the state, it announced Monday that it would close six stores in Illinois.

November 1, 2011

Stein Mart said it has completed a new $100 million senior secured revolving credit facility with Wells Fargo Bank, N.A. to replace an existing $150 million revolving credit facility, which was maturing in early 2012.

October 14, 2011

Target Corp. secured a new $2.25 billion unsecured credit facility, the retailer disclosed in a filing with the Securities and Exchange Commission.

October 13, 2011

Edens & Avant announced that it has closed on the refinancing of its $350 million unsecured revolving credit facility and $30 million unsecured working capital line.

March 11, 2011

Tarrytown, N.Y.-based DLC Management Corp. has launched the redevelopment of Wing Park Shopping Center in Elgin, Ill.

January 28, 2011

Borders Group said it has received a commitment from GE Capital, Restructuring Finance to provide a $550 million senior secured credit facility.

January 5, 2011

Prudential Douglas Elliman's Retail Group said that it has arranged another location for Bond No. 9, this time in Meatpacking at 863 Washington Street, between 13th and 14th Streets, near the edge of the High Line.

October 20, 2010

Chattanooga, Tenn.-based CBL & Associates Properties said it has formed a joint venture with Norton...

September 30, 2010

Sears Holdings Corp. said Thursday that it will sell $1.25 billion of its senior secured...

September 27, 2010

Sears Holdings Corp., owner of the Sears and Kmart retail chains, said Tuesday it plans...

September 12, 2010

Chicago-based Jones Lang LaSalle announced it has secured $18.5 million in refinancing capital for Centro...

August 8, 2010

Rite Aid Corp. said Monday it plans to sell $650 million in new debt and...

May 24, 2010

J.C. Penney Co. has completed the buyback of $300 million in debt....

October 18, 2009

Rite Aid Corp. said Monday it has moved closer to refinancing the rest of its...

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