Saks Global Holdings LLC, a leading luxury retail company, announced a transformative financial transaction. The Company secured a financing commitment of approximately $1.75 billion, comprising $1.5 billion from an ad hoc group of the Company's...
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January 14, 2026, 08:15 AM
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The Wall Street Journal reported that Saks Global, the owner of Saks Fifth Avenue and Neiman Marcus, is preparing to file for bankruptcy within days after missing an interest payment on the debt it took on to buy Neiman Marcus, according to people...
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January 02, 2026, 08:15 AM
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Bloomberg reported Saks Global Enterprises, facing limited options ahead of a more than $100 million debt payment due at the end of this month, is considering Chapter 11 bankruptcy as a last resort, according to people with knowledge of the situation...
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December 24, 2025, 08:10 AM
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Saks Global Enterprises shared progress against its previously announced measures to strengthen its balance sheet and support its long-term growth.The Company has secured $350 million of financing commitments from SLR Credit Solutions (“SLR”)...
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June 02, 2025, 08:17 AM
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