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Saks Mulls Raising Up to $350 Million in New Debt, CEO Says

Markets

Jeannette Neumann, Eliza Ronalds-Hannon, Jill R Shah, Reshmi Basu

·

April 28, 2025

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Bloomberg

Saks Global Enterprises is considering raising up to $350 million in debt as well as selling some its real estate assets to shore up its finances as stock-market volatility and China tariffs threaten to slow luxury spending.

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