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Sears CEO Hopes To Restructure Debt

Video Credit: Wochit Business - Duration: 00:32s - Published < > Embed

Sears CEO Hopes To Restructure Debt

Sears CEO Hopes To Restructure Debt

Sears CEO Eddie Lampert is trying to save Sears from bankruptcy.

Business Insider reveals Lampert proposed rescue deals.

Sears debt matures next month.

According to a regulatory filing released on Monday it faces a cash crunch.

Lampert also runs hedge fund ESL Investments.

He said Sears should take steps to reduce its debt load to $1.2 billion from $5.6 billion.

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Sears CEO Hopes To Restructure Debt

THURSDAY, MAY 11, 2017, PHOTO




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