Luxury retailer Neiman Marcus received U.S. bankruptcy court approval to access $400 million of debtor-in-possession financing, including $250 million that will be available immediately, giving the high-end department store chain a path to exit bankruptcy by early fall.
Bankruptcy Judge Gives Neiman Marcus Nod to Access $400 Million Loan
Upscale Retailer Given Immediate Access to $250 Million to Help it Emerge From Bankruptcy By This Fall
CoStar News
June 17, 2020 | 11:43 P.M.
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IN THIS ARTICLE
- Properties
- Neiman Marcus
1618 Main St, Dallas, TX