June 21, 2021 Sophia Vida
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Victoria’s Secret Reportedly Borrowed a Lot of Money to Finance its Bath & Bath Works Split

According to a Bloomberg News report on Monday, lingerie retailer Victoria’s Secret has borrowed $500 million to finance its split from Bath & Body Works. JPMorgan Chase is overseeing the sale, with investor orders due by June 30, the report said. The Bloomberg report, citing unnamed sources, also notes that the loan is due in … Continue reading “Victoria’s Secret Reportedly Borrowed a Lot of Money to Finance its Bath & Bath Works Split”