225 Liberty Street, Battery Park City, Lower Manhattan, Manhattan, New York County, New York, 10281, United States
Saks Global
CONFIRMEDDate confidence: CONFIRMEDStated as firmHow firmly the source words the date: confirmed, scheduled, estimated, delayed or unverified.Show all CONFIRMED pins82% CONFIDENCEOverall confidence: 82%How well the pin's source and references back up its dates.Weighted average of how firmly 2 references, the source included, support the pin's start and end times; a reference counts half as much for every 180 days older than the newestShow all pins at 75% confidence or better
The 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
1.00
