Lampert wants first lien rights on Sears loan [Seeking Alpha]
VictoryShares Protect America ETF (SHLD)
US:NASDAQ Investor Relations:
searsholdings.com/invest
Company Research
Source: Seeking Alpha
Sources say Eddie Lampert has come back to investment banks to ask for better terms on the $300M debtor-in-possession loan his hedge fund plans to make to Sears Holdings (SHLD, OTC:SHLDQ ). Lampert wants to jump in front of Bank of America, Citigroup and Wells Fargo to have first lien rights. If the issue isn't resolved, the plan to save Sears on the other side of bankruptcy could fall apart. See all stocks on the move » Now read: DavidsTea +3.4% as Highland lawsuit is discontinued » Subscribe for full text news in your inbox
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