On Wednesday, Bloomberg Law reported that bondholders of Bed Bath & Beyond’s (NASDAQ: BBBY) 2024 unsecured notes are looking to strike a deal with the retailer. This deal aims to look at a second-lien claim on most or all company assets in return for longer-dated securities.
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According to the report, the bondholders are working with advisors from Perella Weinberg Partners to strike such a deal.
