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Tag: annuitize $515 million

Sears Holdings announces agreement to annuitize $515 million of its pension obligations

Partial Repayment and Extension of Loan Facility Agreement to Annuitize $515 Million of Pension Liability HOFFMAN ESTATES, Ill., 2017-May-25 — /EPR Retail News/ — Sears Holdings Corporation ("Holdings," "we," "us," "our," or the "Company") (NASDAQ: SHLD) today (May 23, 2017) announced agreements to extend a portion of its $500 million 2016 Secured Loan Facility…

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