Home / Business / Saks Global secures $300 million bankruptcy funding, bondholders back five-year plan

Saks Global secures $300 million bankruptcy funding, bondholders back five-year plan

Saks Global said on Monday it has got access to $300 million more of its $1.75 billion bankruptcy funding package, and said ​an ad hoc group of bondholders has approved ‌the luxury retailer’s five-year business plan.

March 16 (Reuters) – Saks Global said on Monday it has got access to $300 million more of its $1.75 billion bankruptcy funding package, and said ​an ad hoc group of bondholders has approved ‌the luxury retailer’s five-year business plan.
The company,… [1415 chars]

Source: Reuters | Published: 2026-03-16T16:35:55Z

Credit: Reuters

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