Lampert-run Hedge Fund Wants to Buy Kenmore Brand for $400MM

The Wall Street Journal reported that ESL Investments, the hedge fund of Sears CEO Edward Lampert, sent an offer letter to buy the company’s iconic Kenmore appliance brand for $400 million. read more

AUG 16, 2018 - 6:25 am

Citibank Extends Maturity of Sears $271MM Letter of Credit

Sears amended its $271 million letter of credit with Citibank as administrative agent to extend the maturity date through December 29, 2018. read more

AUG 7, 2017 - 7:05 am