Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers Paydowns > Headlines for Alto Palermo SA > News item |
Nordstrom borrows $800 million under revolving credit facility
By Wendy Van Sickle
Columbus, Ohio, March 23 – Nordstrom, Inc. drew down $800 million under its revolving credit agreement to strengthen its financial position in response to market uncertainty from the coronavirus pandemic, according to a news release.
On March 16, the company announced the temporary closures of its stores, including Nordstrom full-line and Nordstrom Rack, to help slow the spread of Covid-19.
Nordstrom is a fashion specialty retailer based in Seattle.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.