Bed Bath & Beyond misses possible Chapter 11 pre-Chapter interest payments

Bed Bath & Beyond Inc. missed interest payments on its bonds, a week after its bank lenders sent the company a default notice because they overdrawn its line of credit.

A company spokesperson confirmed Wednesday that the home goods retailer failed to pay more than $28 million for three batches of notes totaling about $1.2 billion due on Jan. February.


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