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Kohl's to suspend dividends following $1.5B loan

Apr. 17, 2020 11:06 AM ETKohl's Corporation (KSS)KSSBy: Niloofer Shaikh, SA News Editor32 Comments
  • Kohl’s Corporation (KSS +5.2%) borrows $1.5B under the credit agreement to refinance ~$1B in aggregate principal amount of existing debt.
  • Suspends dividend, effective Q2.

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