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Saks Sees Chunks of New Loan Already Offered at Discount Prices

Markets

Reshmi Basu, Eliza Ronalds-Hannon

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August 1, 2025

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Bloomberg

Portions of a new loan that struggling retailer Saks Global Enterprises obtained a little more than a month ago were being offered in the secondary market at below-par prices ahead of a key debt swap deadline, according to people familiar with the matter.

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