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https://i-invdn-com.akamaized.net/news/LYNXMPEDAF0IH_M.jpgThe retailer has negotiated to have a total of $375 million in debtor-in-possession financing from its existing lenders and intends to raise $335 million in new senior secured notes, the company said https://refini.tv/3fpM2UC in a statement.
The company filed for Chapter 11 bankruptcy in the United States Bankruptcy Court of the Eastern District of Virginia.