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Borders In Debt Restructuring Talks
Borders Group is in discussions with restructuring advisers.
Borders Groupis in discussions with restructuring advisers,The Wall Street Journalreports. The U.S. book and music retailer is talks withJefferies & Companyalong with others to advise it on reworking its debt.
公司位于密歇根州talks withGE Capitalfor new loan, which will replace its existing senior credit facility. Borders Group secured $970 million in loans under a revolving credit line from lenders led byBank of Americaand GE Capital.
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