Sears pension plan cuts stake in retailer's debt to fund lump-sum payouts

There are 1 comment on the Pensions & Investments story from Jan 23, 2013, titled Sears pension plan cuts stake in retailer's debt to fund lump-sum payouts. In it, Pensions & Investments reports that:

Sears Holdings Corp.'s employee pension fund Wednesday sold a portion of the $250 million in company debt that it bought more than two years ago to help fund lump-sum payments to retirees.

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Toronto, Canada

#1 Feb 2, 2013

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