This isn't official info, but according to this article, insiders claim that the deal is near done and that it would be announced as soon as this week. If this is true, Sears secured creditor support in the amount from $ 300 million and that can go up to $600 million. It’s interesting that Eddie Lampert’s ESL hedge fund will not participate in this financing package. This will certainly buy us some time and enable us to go through the holiday season, but if the company continues burning cash at this rate, I don’t see this as something that can help us in the long run.
https://www.cnbc.com/2018/11/05/sears-nears-bankruptcy-financing-deal-without-hedge-fund-sources.html