Thread regarding Sears layoffs

Cost of the SLOC : The Borrowers are required to pay the Lenders an upfront fee equal to 1.50% of the amount of commitments provided under the..

LC Facility. In addition, the Borrowers are required to pay a commitment fee of 5.75% per annum on the amount of the Lender Deposit ===> (as such amount may be increased from time to time in connection with establishing additional commitments), <== interpreted as such that it appears there will be 'more lending' throughout the year

Eddie gonna be trying really hard to save a dinosaur

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so if they go out of business in 45 days it is good return on investment for Eddie

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