Digestz - MACY'S RAISES $4.5 BILLION TO SHORE UP FUNDS AS STORES REOPEN, SHARES SURGE

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Macy's raises $4.5 billion to shore up funds as stores reopen, shares surge

2020/06/08 21:22:22 @Reuters: Top News

Macy's Inc said on Monday it raised a total of $4.5 billion, including $3.15 billion in new borrowings against its real estate assets, as the department store chain tries to navigate through the fallout from the COVID-19 pandemic.
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