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Saks Gets $600 Million Lifeline as Creditors Face Steep Losses

Markets

Eliza Ronalds-Hannon, Reshmi Basu

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June 27, 2025

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Bloomberg

Saks Global Enterprises has reached a $600 million debt deal with a number of its existing lenders that would force some creditors to accept losses and push them back in the repayment priority line.

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