Victoria’s Secret reportedly borrows $500 million to finance split from Bath & Body Works

Lingerie retailer Victoria’s Secret, is Carrying $500 million.

The loan is expected in 2028 and may pay attention to 300 to 325. The report stated that JPMorgan Chase is currently overseeing the purchase, with investor requests caused by June 30.

The report follows parent firm L Brands declared That the past spin-off month could divide the two brands to separate, publicly-traded firms by August.

Brands and JPMorgan Chase didn’t immediately respond to CNBC’s requests for comment.
Last month, L Brands reported quarterly amounts that beat analyst expectations. The Business said that its results were driven by more customers paying. Complete cost for goods and powerful momentum across its various branches.

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Adam Collins
Adam writes about technology, business and economics. With master's degree in Economics, he's presented six papers in international conferences. As a solivagant in the constant state of fernweh, curiosity is the main weapon in his arsenal.

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