Bed Bath & Beyond challenges persist after loan deal

Bed Bath & Beyond Inc. has selected asset manager Sixth Street Partners to provide fresh funding, according to people familiar with the matter, amid doubts among sellers and some investors about the company’s recovery prospects.

Sixth Street is in exclusive talks with Bed Bath & Beyond and is nearing final terms on a nearly $400 million loan to shore up the struggling retailer’s cash, according to people familiar with the matter. Negotiations to finalize loan documents are ongoing, one of the people said.


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