May 21, 2018 / 12:13 PM / a month ago

BRIEF-Citi, Sears Announce Long-Term Extension Of Co-Brand And Private Label Credit Card Relationship

* CITI - CITI AND SEARS HOLDINGS ANNOUNCE LONG-TERM EXTENSION OF THEIR 15-YEAR CO-BRAND AND PRIVATE LABEL CREDIT CARD RELATIONSHIP

* CITI - CITI WILL PAY SEARS $425 MILLION ($400 MILLION OF WHICH HAS BEEN RECEIVED) UPON ENTRY INTO AMENDMENT OF DEAL Source text for Eikon: Further company coverage:

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