Saks Global Misses $100 Million Bond Interest Payment
225 Liberty Street, Battery Park City, Lower Manhattan, Manhattan, New York County, New York, 10281, United States
Saks Global
BESTÄTIGT85 % SICHERHEITSGB Media reports the company "failed to make an interest payment exceeding $100 million due on Tuesday, December 30" on its bonds; no time of day is given.[1]
Saks Global failed to make a bond interest payment of more than $100 million that was due on 30 December 2025, entering a grace period while it negotiated with creditors, just under five months after its last debt restructuring.
$100M