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Toys R Us Inc. has tapped lawyers at Kirkland & Ellis to help restructure its heavy debt load, said people familiar with the matter, the latest sign of trouble for a once-mighty retailer that has struggled to fend off Amazon.com Inc. and the discount chains.
The law firms restructuring experts are focused on the $400 million in debt that comes due next year, according to the people, who asked not to be identified because the deliberations are private. Toys R …
Read the full article at: https://www.bloomberg.com/news/articles/2017-09-06/toys-r-us-is-said-to-enlist-advisers-to-help-restructure-debt