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Saks Global Enters Into Restructuring Support Agreement With Its Capital Partners

ReutersApr 2, 2026 1:35 PM
  • SAKS GLOBAL ENTERS INTO RESTRUCTURING SUPPORT AGREEMENT WITH ITS CAPITAL PARTNERS

  • SAKS GLOBAL: SECURES $500 MILLION IN EXIT FINANCING, WITH EMERGENCE FROM CHAPTER 11 EXPECTED THIS SUMMER

  • SAKS GLOBAL: ANTICIPATES PLAN OF REORGANIZATION FILING IN COMING WEEKS

  • SAKS GLOBAL: CONTINUES CONSTRUCTIVE ENGAGEMENT WITH CAPITAL PARTNERS & OTHER FINANCIAL STAKEHOLDERS ON REORGANIZATION PLAN

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