Express Launches Debt Restructuring Effort in Bid to Avoid Bankruptcy
Retail TouchPoints
FEBRUARY 14, 2024
Express’ ability to avoid bankruptcy hinges on whether its lenders will agree to provide more liquidity or loosen repayment options, and whether the company’s vendors will continue shipping goods without tightening payment schedules, the sources told WSJ. The company’s total debt at the end of the third quarter was $274.7
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