Saks Global Completes $600 Million Debt Restructuring
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Saks Global
CONFIRMED82% CONFIDENCEThe PR Newswire[1] release's page metadata gives datePublished "2025-08-08T10:50:00-04:00" (14:50 UTC), and the text confirms this was the exchange offer's 'Early Settlement Date'.
Saks Global settled an exchange offer that raised roughly $600 million in new secured financing and swapped $2.2 billion of senior secured notes for new debt, after about 98% of eligible bondholders agreed to the terms, as the retailer worked to ease the strain from its Neiman Marcus acquisition.
$600M