Luxury retailer Neiman Marcus Group is reportedly considering filing for bankruptcy as it struggles with $4.3 billion in debt. No plan has been finalized, but Neiman Marcus has held discussions with lenders about a possible bankruptcy loan, according to Bloomberg. The lifeline would allow the company to continue operating while it puts together a recovery plan. The situation could change, sources familiar with the matter told Bloomberg. It will depend on the market conditions and
source https://therealdeal.com/2020/03/26/neiman-marcus-in-talks-about-possible-bankruptcy-report/
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