Take our debt, please!
Struggling retailer Bed Bath & Beyond is coming up woefully short in a key debt exchange designed to give the company some much-needed financial breathing room. The company said Tuesday that it would extend its debt exchange offer to Dec. 19 from Dec. 5.
The extension reflects limited appetite by debt-holders in the debt swap, according to data supplied by the retailer (right hand column in chart below). Such limited appetite likely reflects the concern among…
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