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#AceFinanceDesk – Hudson’s Bay Co, the owner of luxury department store Saks Fifth Avenue, has ditch ed its plan to raise up to $900 million in debt after prospective investors requested a higher interest rate than the company was willing to pay, people familiar with the matter said on Wednesday


Reuters Biz reports …….”The pulled bond offering highlights the perceived risk of lending to brick-and-mortar North American retail chains, even as swaths of the United States and Canada reopen stores and many industries have had easy access to new financing.”

Published: Aug.26: 2020: https://t.co/sOx41YR0bd

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After 30 years of providing my services in Warwickshire in the United Kingdom. I am in the process of building a network of news sites in finance,business, property, social and healthcare under the name of "Ace News Group" together with providing goods and services through our sales and marketing news. I also have an organisation and fully fledged management consultancy agency. This provides contracts to enable people to provide their news, goods and services.

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