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EagleBank Presents: 15 Things You Need to Know

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EagleBank Presents: 15 Things You Need to Know
Sears Gets Big Break With $2B Loan From
Warren Buffett's Berkshire Hathaway
Warren Buffett's Berkshire Hathaway has agreed to lend $2B to Seritage Growth Properties, the real estate spinoff of Sears Holding Co. Sears Holding, facing major debt issues, defaulted on a $500M loan earlier this year. Berkshire Hathaway's $2B credit loan, separated into a $1.6B fixed-rate loan and an additional $400M Sears can take out until 2023, will go toward paying off other debt Sears has accrued

15 OTHER THINGS YOU NEED TO KNOW

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The Founder Of Rapapport Tells The 3 Things You Need To Start On Your Own As An Owner/Developer
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