Texas Governor Greg Abbot allowed malls and shopping centers to sell online and deliver purchases curbside beginning last Friday, and several jumped at the chance.
The owner of Victoria’s Secret accused Sycamore Partners of “buyer’s remorse” in trying to back out of a deal to buy a majority stake in the struggling lingerie retailer.
Many borrowers already have drawn down much or all of their available credit line in order to have the liquidity to ride out the COVID19 pandemic. Other borrowers are contemplating doing the same.