{"id":83733,"date":"2023-01-27T00:04:09","date_gmt":"2023-01-27T05:04:09","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=83733"},"modified":"2023-01-26T23:24:01","modified_gmt":"2023-01-27T04:24:01","slug":"bed-bath-beyond-warns-it-cant-pay-down-debts-defaults-on-credit-line","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/01\/2023\/bed-bath-beyond-warns-it-cant-pay-down-debts-defaults-on-credit-line.html","title":{"rendered":"Bed Bath &#038; Beyond warns it can\u2019t pay down debts, defaults on credit line"},"content":{"rendered":"\n<p>(CNBC) <a href=\"https:\/\/www.cnbc.com\/quotes\/BBBY\/\">Bed Bath &amp; Beyond<\/a> said Thursday it doesn\u2019t have enough cash to pay down its debts and it has defaulted on its credit line with JPMorgan, warning once again of a potential bankruptcy. Shares of Bed Bath plunged Thursday afternoon, prompting brief trading halts. The stock closed 22% down with a market cap of about $295 million.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2023\/01\/26\/bed-bath-and-beyond-warns-it-doesnt-have-cash-to-pay-debts.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Bed Bath &amp; Beyond said Thursday it doesn\u2019t have enough cash to pay down its debts and it has defaulted on its credit line with JPMorgan, warning once again of a potential bankruptcy. Shares of Bed Bath plunged Thursday [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-83733","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/83733","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=83733"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/83733\/revisions"}],"predecessor-version":[{"id":83734,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/83733\/revisions\/83734"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=83733"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=83733"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=83733"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}