BRIEF-Hudson'S Bay Announces A Revised Liquidation Timeline

, Reuters -  9:03 PM ET 3/21/2025 default

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March 21 (Reuters) -

* HUDSON'S BAY ANNOUNCES A REVISED LIQUIDATION TIMELINE

* HUDSON'S BAY - PER COURT APPROVED AGREEMENT, CO GRANTED AUTHORITY TO REPAY DEBTOR-IN-POSSESSION FINANCING PROVIDED BY RESTORE CAPITAL & OTHER LENDERS.

* HUDSON'S BAY'S - COURT HAS ALSO APPROVED CO'S REQUEST TO INITIATE A SALE AND INVESTMENT SOLICITATION PROCESS (SISP) AND A LEASE MONETIZATION PROCESS Source text: Further company coverage: [ ]

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