Fact Check: At Home has entered an agreement with its lenders to eliminate nearly all of its $2 billion in debt and secure $200 million in new funding during its Chapter 11 process.

Fact Check: "At Home has entered an agreement with its lenders to eliminate nearly all of its $2 billion in debt and secure $200 million in new funding during its Chapter 11 process."

What We Know

At Home, a home decor and furniture retailer, has recently filed for Chapter 11 bankruptcy protection. As part of this process, the company has entered into a Restructuring Support Agreement (RSA) with lenders holding more than 95% of its debt. This agreement aims to eliminate nearly all of At Home's approximately $2 billion in funded debt and secure $200 million in new capital to support its restructuring efforts (CBS News [source-2], Business Wire [source-3]).

The restructuring plan is designed to transition ownership of the company to its lenders, who will provide the necessary capital infusion. This move is part of a broader strategy to enhance the company's financial stability and operational efficiency amid challenging market conditions (Fast Company [source-5], CNN [source-8]).

Analysis

The claim that At Home has entered an agreement with its lenders to eliminate nearly all of its $2 billion in debt and secure $200 million in new funding is supported by multiple credible sources. The company's official announcement via Business Wire (source-3) details the terms of the RSA, confirming the elimination of "substantially all" of its debt and the provision of new capital.

Additionally, CBS News (source-2) corroborates this information, stating that the restructuring is part of At Home's strategy to navigate financial difficulties exacerbated by external factors such as tariffs. The agreement is also mentioned in CNN (source-8), which highlights the company's efforts to stabilize its operations.

The sources used in this analysis are reputable, including major news outlets and official press releases, which lend credibility to the information presented. There is no indication of bias in the reporting, as the information is consistent across multiple independent sources.

Conclusion

The claim that At Home has entered an agreement with its lenders to eliminate nearly all of its $2 billion in debt and secure $200 million in new funding during its Chapter 11 process is True. The evidence from multiple reliable sources confirms the details of the restructuring agreement and the company's plans for financial recovery.

Sources

1. 雀魂majsoul的官方网站？ - 百度知道
2. At Home retail chain files for bankruptcy as part of restructuring ...
3. At Home Group Enters Agreement to Facilitate Ownership ...
4. 拼多多商家登录后台入口：
5. At Home collapses under $2 billion debt, files for Chapter 11 - Fast ...
6. At Home Enters Chapter 11 With Plan To Emerge Owned ...
7. 电脑home键在哪？！啊！ - 百度知道
8. Popular home goods chain files for bankruptcy amid tariff trouble