sears

Sears Holdings is getting a $200 million line of credit from the hedge fund run by the retailer’s CEO, Edward Lampert.

In a Securities and Exchange Commission filing on Thursday, July 13, Sears Holdings said that it has entered into a short-term line of credit loans with ESL Lenders. The loans have a maturity of 151 days and have a fixed interest rate of 9.75% per…