Franchise Group says it would use Kohl’s real estate assets to finance purchase of the company

If Menomonee Falls-based Kohl’s Corp. agrees to be sold to Franchise Group Inc., Delaware, Ohio-based Franchise Group says it would fund the estimated $8 billion purchase of Kohl’s with $1 billion from increasing the size of its secured debt facilities and the rest of the financing would be “provided on the basis of the real estate assets of Kohl’s Corp.,” according to a statement from the company.