Ares Commercial Provides $30MM Revolver to Sears

Ares Commercial Finance has extended a $30 million working capital revolver credit to Sears Authorized Hometown Stores as part of a larger global commitment of $250 million.

BofA Agents $250MM Sears Hometown and Outlet Stores Facility

Sears Authorized Hometown Stores, Sears Home Appliance Showrooms and Sears Outlet Stores entered into a $250 million amended credit agreement with Bank of America as administrative agent and collateral agent.