Sears Chairman Lampert Looking for Bankruptcy Financing Partners

Reuters reported that Sears chairman Eddie Lampert is holding discussions with Cyrus Capital Partners to share the $30 million financing to support the company’s Chapter 11 effort.

Maudore Reaches Agreement with Cyrus Capital for Additional Funding

Maudore Minerals announced it reached an agreement with Cyrus Capital Partners, in its capacity as a manager to FBC Holdings S.à.r.l, for additional funding to be made available by FBC to Maudore and to its wholly owned subsidiary Aurbec Mines.

Overland Storage Extends Revolver

Overland Storage extended the maturity date of its $8 million revolver into 2015 as it evaluates a merger idea involving another data storage provider proposed by a distressed-debt fund manager, The Deal reported.