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Tag: sale-leaseback transaction

Bon-Ton Stores, Inc. enters into $18.9 million sale-leaseback transaction for its Herberger’s location at Roseville, MN

YORK, Pa., 2017-Sep-14 — /EPR Retail News/ — The Bon-Ton Stores, Inc. (NASDAQ:BONT) today announced that it has entered into an agreement for a $18.9 million sale-leaseback transaction for its Herberger's location at Rosedale Center in Roseville, MN. Proceeds from the transaction will be used to repay outstanding debt. William Tracy, President and Chief Executive Officer, commented, "We are pleased to announce…

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