Bond Screener
Sears Roebuck Acceptance
The issuer's bonds defaulted in 2018
Organization name
Sears Roebuck Acceptance Corporation
Country name
USA
Country of registration
USA
Industry
Specialty Retailers
Credit Ratings
in foreign currency
Public debt
502 mln USD
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Profile
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Sears Roebuck Acceptance Corp. (SRAC) is a wholly owned finance subsidiary of Sears, Roebuck and Co. (Sears). To meet certain capital requirements of its businesses, Sears borrows on a short-term basis through the issuance of notes to SRAC. SRAC obtains funds through the issuance of unsecured commercial paper and long-term debt, which includes medium-term notes and discrete underwritten debt.
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General information
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Organization nameSears Roebuck Acceptance Corporation
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Organization statusOperating organization
