Who Will Get Citgo? Mao's Defeat in U.S. 67 Years Ago Holds Clue
The banks looked to sell the riskiest piece of debt at a price close to 90 cents on the dollar or lower.
The deal had at least twice the amount of orders needed to get it done as of earlier today.
One of the original credit raters is now undergoing some thorough credit analysis of its own.
Creditors Say Eddie Lampert Killed Sears in a 'Shakespearean Tragedy'
Eddie Lampert Wins Auction for Sears With Bid Valued at $5.2 Billion
Bid valued at over $5 billion and represents an improvement of more than $150 million over ESL’s previous offer.
Lampert to Present New Sears Offer as Talks Continue
Sears Is Said to Extend Talks on Lampert's Plan to Rescue Chain
Banks Offer Bargains on Unwanted Leveraged Loans
Banks Stuck With $1.6 Billion of Unsold Loans Amid Market Rout
Major Investors in Leveraged Loans Are Unloading Big Chunks
Sears Suppliers Sell Trade Claims Amid Cash Shortage Concern
Loan Deals Scrapped or Sold at Deep Discount as Market Falters
Blackstone, Carlyle Are Bidding for Jet Maintenance Firm
Edward Lampert isn’t done with Sears yet. Neither are Sears’s enemies on Wall Street.
Cyrus's Last-Minute Change to Debt Sale May Cost Sears Millions
Cyrus Offers Sears Cash to Settle Dispute Over Note Sale
Sears Judge Skewers Cyrus on Motive for Opposing Survival Plan
Cyrus Capital Becomes Key Challenger to Sears CDS Maneuver
Sears's Latest Hope for Cash: a Bidding War Among CDS Traders