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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
  • M/S&P/F
    *** / *** / ***
Public debt
502 mln USD

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Profile

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.

Awards

Documentation

Affiliates

Stocks

Latest issues

Public debt by currencies

Codes

  • SIC
    6153 SHORT-TERM BUSINESS CREDIT INSTITUTIONS
  • ICB
    5,300 Retail
  • CIK
    0000088255
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