Neiman Marcus Group announced that on October 27, 2023 it entered into a Fourth Amendment to the Credit Agreement governing the Company's $900 million asset-based lending facility, led by Bank of America as Administrative Agent and Collateral Agent...
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November 02, 2023, 07:40 AM
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Pathlight Capital announced it is serving as the FILO Agent on the recently funded $125,000,000 FILO Facility for The Neiman Marcus Group (“Neiman Marcus” or the “Company”), one of the largest omni-channel luxury fashion retailers in the world.The...
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October 07, 2020, 09:25 AM
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The Securities and Exchange Commission charged Daniel Kamensky, co-chair of the unsecured creditors committee in the Neiman Marcus Group Ltd. LLC Chapter 11 bankruptcy proceedings, with abusing his position on the committee to attempt to benefit a...
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September 08, 2020, 08:45 AM
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Neiman Marcus Group LTD LLC announced that it has received approval from the U.S. Bankruptcy Court for the Southern District of Texas, Houston Division to access debtor-in-possession ("DIP") financing, including the immediate availability of $250...
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June 17, 2020, 09:15 AM
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Neiman Marcus Group LTD LLC announced that it has entered into a Restructuring Support Agreement with a significant majority of its creditors to undergo a financial restructuring, substantially reducing its debt load and interest payments and...
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May 08, 2020, 09:10 AM
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Luxury retailer Neiman Marcus Group LTD LLC announced that it has made significant progress in refinancing discussions and has reached an agreement in principle with majority holders of each of the Company’s term loans and unsecured notes on the...
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March 04, 2019, 08:00 AM
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Neiman Marcus Group, Inc. and related entities have been charged in the District Court of Dallas County, Texas with, among other wrongdoings, the fraudulent transfer of assets totaling approximately $1 billion of value for no consideration. These...
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December 11, 2018, 08:21 AM
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Leading global professional services firm Alvarez & Marsal (A&M) has bolstered its performance improvement capabilities with the addition of Dwight Hill, who advises retailers to improve sales and profitability and enhance the customer journey....
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October 12, 2016, 07:16 AM
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Ares Management LLC and Canada Pension Plan Investment Board (CPPIB) announced their affiliates have entered into a definitive agreement to acquire Neiman Marcus Group LTD Inc. from a group of investors led by TPG and Warburg Pincus for a purchase...
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September 10, 2013, 07:14 AM
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