Sears: No Significant Term Debt Maturities Until 2018

The video discusses reports of three major insurance companies reducing coverage for Sears suppliers. In response, Sears claims financial flexibility, no significant debt maturities until late 2018, and ongoing fulfillment of obligations. The reduction in coverage affects suppliers who rely on insurance for credit protection.

What was the initial report about the insurance companies' actions towards Sears suppliers?

• They are maintaining their coverage.

• They are canceling their coverage.

• They are reducing their coverage.

• They are increasing their coverage.

How does Sears describe their financial situation in response to the reports?

• They have financial flexibility.

• They are facing financial difficulties.

• They are seeking new investors.

• They are planning to declare bankruptcy.

What is Sears doing with their lenders according to their response?

• They are selling assets to lenders.

• They are working with lenders to evaluate their capital structure.

• They are paying off all their debts immediately.

• They are ignoring their lenders.

When does Sears have significant term debt maturities?

• Late 2019

• Late 2018

• Early 2018

• Mid 2019

What assurance does Sears provide regarding their obligations?

• They are renegotiating their obligations.

• They are delaying their obligations.

• They are meeting all of their obligations.

• They are unable to meet their obligations.