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KM Financial Solutions | Bankruptcy court approves Neiman Marcus’ plea to access financing
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Bankruptcy court approves Neiman Marcus’ plea to access financing

08 May Bankruptcy court approves Neiman Marcus’ plea to access financing

Posted at 05:35h in News by
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U.S. luxury department store chain Neiman
Marcus Group said on Friday it received court approval to access
$675 million of its debtor-in-possession financing, which will
allow continuity of the company’s business during Chapter 11
bankruptcy proceedings and enable it to pay employees and
vendors.

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