Trending: Bed Bath & Beyond Finds a Lender, Sources Say

Dow Jones2022-08-25
 

14:26 ET -- Bed Bath & Beyond Inc. is one of the most talked-about companies in the U.S. across all news items in the last 12 hours, according to Factiva data. The home goods retailer disclosed it has a lender for a loan deal to help provide liquidity, according to people familiar with the matter. The Wall Street Journal previously reported the company was seeking about $375 million to help cash levels and pay down debt. Terms of the possible final deal weren't disclosed. Dow Jones & Co. owns Factiva.(jennifer.tershak@wsj.com)

 

$(END)$ Dow Jones Newswires

August 24, 2022 14:26 ET (18:26 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Leave a comment
1