Thread regarding Sears layoffs

Does this mean the 138 ring fenced properties will stay open longer

The company also said it plans to get a new credit facility worth about $600 million, linked to a previously announced deal struck last month with the Pension Benefit Guaranty Corp., a federal agency that guarantees individuals’ pension plans.

The agreement allows Sears to sell up to 138 properties to finance a $407 million contribution to its pension plans. The company said it expects to use those properties to secure the credit, which it will repay over time by selling the real estate.

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Perhaps. They may stay open until sold, whenever that may be. They may close soon if unprofitable. They may stay open after being sold until the new owner finds a new tenant willing to pay more per sq. Ft. You can't read into this and determine the lifespan of any of the stores.

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