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J. Crew Files for Bankruptcy, the First Major Retailer Pushed Over the Brink
J. Crew Files for Bankruptcy, the First Major Retailer Pushed Over the Brink
Mohit Chouhan
May 04, 2020
The company said it had reached an agreement with its lenders to convert about $1.65 billion of its debt into equity. As of February, it had nearly $1.7 billion in debt.
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