Lands' End entered into a new $260 million term loan. The loan proceeds were used to refinance the Company’s existing term loan well ahead of its maturity in September 2025. The loan is secured by a first lien on all non-ABL assets and a second lien...
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January 03, 2024, 08:00 AM
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Sears Holdings Corporation announced that its pro-rata spin-off of Lands’ End, Inc. (“Lands’ End”) from Sears Holdings closed on April 4, 2014. Lands’ End has now been separated from Sears Holdings and its common stock is expected to begin...
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April 08, 2014, 07:24 AM
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Sears Holdings Corporation announced that its board of directors approved the separation of its Lands' End business by means of a pro-rata spin-off transaction.
To effect the spin-off, Sears Holdings will distribute all of the outstanding shares of...
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March 17, 2014, 07:29 AM
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