Michaels Seeks Maturity Extension

20 Oct 2009

Deutsche Bank is shopping an amendment for Michaels Stores to extend the maturity of part of its term loan.

--Libby Sallaberry

Deutsche Bank is shopping an amendment for Michaels Stores to extend the maturity of part of its term loan. Michaels is the latest in a string of companies to go out with “amend and extend” offers. It last amended its credit agreement in August to allow the ...

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