Sears Holding Corp. said Friday Bank of America would not renew its $1 billion secured credit facility, but maintained there would be no impact on liquidity, according to a filing with the Securities and Exchange Commission.
Sears has only $1.6 million in outstanding letters of credit under the facility, which is scheduled to end in July.
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)
"That's something that resonates with me too because I'm so locked into a number. If I go over that number it completely ruins my day so it's nice to get detached from the number on the scale." - Chelsea Handler on Kelly LeVeque's book "Body Love." #wwdeye (📷: John Salangsang)