Login

Neiman Marcus Emerges From Chapter 11 Bankruptcy With New Capital Structure

Funding From New Owners to Help Give Liquidity to Retailer's Business
Neiman Marcus is aiming for its luxury retail chain to continue to be a luxury shopping destination. (Getty Images)
Neiman Marcus is aiming for its luxury retail chain to continue to be a luxury shopping destination. (Getty Images)
CoStar News
September 25, 2020 | 10:18 P.M.

Luxury retailer Neiman Marcus Holding Co., formerly Neiman Marcus Group, emerged from bankruptcy after completing its court-approved plan with a new capital structure, eliminating more than $4 billion of existing debt and $200 million in annual expenses.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

IN THIS ARTICLE